Question

Business research methodology

How much pandemic covid 19 hurt airlines in united states?

What trouble that airlines facing in the pandemic?

Formulation questions briefly for the problem.

Answer 1

1.Covid 19 greatly hurt th airlines in United States. Domestic bookings began to decline drastically , since then major airlines stopped their earning forecasts ,they announce deep reduction in their services and eliminated mostly changed fees. They stopped the hiring of new workers and higher spending plans that they decided. After decline in new bookings , their services has been declined by 15%. As a result their revenue from domestic airline service would be reduced between 10 and 15 percent. American airlines announced that they would reduce international service about 10 percent. It slim down domestic service by about 7.5 % in April 2020. United Nation has seen a 100 percent decline in net bookings to Asia and Europe of new bookings as well as cancellation of bookings 2. Almost all airline market has been touched by the coronavirus pandemic. Quaratines ,economic recession and health fears reduced the amount of passengers. Airline industry faces record losses due to low booking and cancellation of older bookings. Airline around the world are expected to lose a record $84 billion in 2020.