American Airline Industry Under COVID-19 Pandemic--using Delta as a Typical Case

Tongxin Cai; Yuxuan Hu; Xiangyu Li

doi:10.2991/aebmr.k.220307.359

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American Airline Industry Under COVID-19 Pandemic--using Delta as a Typical Case

Authors

Tongxin Cai^a^{, †}, Yuxuan Hu^b^{, *}^{, †}, Xiangyu Li^c^{, *}^{, †}

^aCollege of Business, Colorado State University, Fort Collins, 80521, the United States

^bBusiness School, the University of Sydney, Sydney, 2006, Australia

^cSchool of Political Science and Public Administration, China University of Political Science and Law, Beijing, 102249, China

^b

180403003@cupl.edu.cn

^†

These authors contributed equally

^*Corresponding author. Email: ^ayuhu5809@uni.sydney.edu.au

Corresponding Authors

Yuxuan Hu, Xiangyu Li

Available Online 26 March 2022.

DOI: 10.2991/aebmr.k.220307.359 How to use a DOI?
Keywords: COVID -19; Industrial analysis; Cost-revenue assessment; American airlines; Delta airline
Abstract: This article intended to find out and summarize the changes that American airline companies (Delta as a target) have to undertake in this unprecedented pandemic. Based on accurate statistics of 2020, this paper studies the industry overview mainly from three aspects—cost, revenue, and other issues. The Manpower field operation and the maintenance cost decreased and hedge strategies adjusted sharply during the COVID. In the Revenue part, the authors investigated that from the passenger airlines and the cargo airlines. We also made researches on the performance of stocks, policy regulations, and requirements. As is shown, though the COVID is a devastating impact on many industries, especially on the airline, there is still some good news readers can see from the statistics like derivative hedges, cargo performance, and policy support. This article is not only a review of historical data but also a precaution to the airline industry for those unintended financial catastrophes. This article hopes that not only the U.S. aviation industry, but also the global aviation industry need to pay attention to this type of event. Such incidents will directly affect the normal operation of airlines. Airlines need to reserve multiple plans even to deal with future emergency measures in order to avoid various company-related problems.
Open Access: This is an open access article under the CC BY-NC license.

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Volume Title: Proceedings of the 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022)
Series: Advances in Economics, Business and Management Research
Publication Date: 26 March 2022
ISBN: 10.2991/aebmr.k.220307.359
ISSN: 2352-5428
DOI: 10.2991/aebmr.k.220307.359 How to use a DOI?
Open Access: This is an open access article under the CC BY-NC license.

Cite this article

ris enw bib

TY  - CONF
AU  - Tongxin Cai
AU  - Yuxuan Hu
AU  - Xiangyu Li
PY  - 2022
DA  - 2022/03/26
TI  - American Airline Industry Under COVID-19 Pandemic--using Delta as a Typical Case
BT  - Proceedings of the 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022)
PB  - Atlantis Press
SP  - 2186
EP  - 2192
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.220307.359
DO  - 10.2991/aebmr.k.220307.359
ID  - Cai2022
ER  -

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