April 15, 2020, 12:23 p.m.
Corona Virus Lockdown – A Dramatic Impact on the Aviation Industry
The 2019 novel corona virus has taken an enormous toll on the global aviation sector with flight cancellations on a daily basis. The outbreak has created massive disturbances in the tourism industry, which accounts for 10% of the Global GDP, as per the World Travel and Tourism Council (WTTC). A majority of airlines have suspended flight services to and from China, imposing noticeable pressures on trade and transport.
In addition to the horrific situation the pandemic has created, it is expected to put tens of thousands of jobs at risk. WTTC has estimated that more than 50 million airline jobs across the globe are on the verge of elimination in the shadow of the global pandemic, COVID-19. Th