My Republica

Yubaraj Bhandari

The author is an officer at Nepal Airlines Corporation.
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How to save airlines from the pandemic

Published On: July 17, 2020 07:10 AM NPT By: Yubaraj Bhandari

Aviation industry was witnessing astounding growth making most companies in the industry financially profitable and thriving. This indicated that future was promising for the travel industry and many other supporting sectors. However, the Covid-19 pandemic outbreak has left tourism industry hardest hit leaving many jobless and devastating even strong economies like the US and China. In its first 20-year passenger growth forecast, The International Air Transport Association (IATA) had projected that passenger numbers will reach a staggering 7.3 billion by 2034. To cope with that rising demand, airlines were offering more flights, adding more routes and were expanding their services to attract more customers.

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