• 09 Oct, 2023
• WH Staff
• No comment

How Airlines Industry is recovering from Covid-19 Pandemic

The COVID-19 pandemic has had a significant impact on the airline industry, with global air-passenger volume down around 64% compared to the same period in 2019. However, the industry is slowly recovering. Here are ten ways the airline industry is recovering from the COVID-19 pandemic:

1. Air travel back to pre-pandemic levels: It took four long years for global airline capacity to return to pre-COVID levels, but for passengers and airlines, the industry has changed forever.
2. Recovery of leisure travel: Leisure trips or visits to friends and relatives tend to rebound first, as was the case in the United Kingdom following 9/11 and the global financial crisis. As the pandemic subsides, the rise in leisure trips will outpace the recovery of business travel.
3. Investment in logistics-related operations: Airlines are investing in logistics-related operations to improve their supply chain management and delivery services.
4. Expansion of delivery providers: Airlines are expanding their network of delivery providers through programs such as Amazon’s Delivery Service Partner Program.
5. Investment in technology: Airlines are leveraging technology to manage their inventory levels, track shipments, and monitor supplier performance in real-time.
6. Collaboration with suppliers: Collaboration with suppliers is essential for effective supply chain management.
7. Continuous improvement: Continuous improvement is essential for effective supply chain management.
8. Risk management: Risk management is an essential component of effective supply chain management.
9. Assessment of training programs: Businesses should assess their training programs to ensure that employees have the necessary skills to manage supply chain operations effectively.
10. Alignment with business goals: Businesses should align their supply chains with their business goals to ensure that they are meeting their needs and delivering high-quality products on time.

In conclusion, while the airline industry is still facing challenges such as high worker turnover rates, capacity issues, unknowns surrounding COVID-19, managing inventory across multiple websites, adhering to strict customer service rules, and handling fulfillment and returns to high standards, it is slowly recovering from the COVID-19 pandemic by investing in logistics-related operations, leveraging technology, collaborating with suppliers, continuous improvement, risk management, among others.