Have we already returned to ‘business as usual’? Post‑pandemic situation on the aviation market on the example of Poland, Portugal and Brazil, in the light of global trends

Authors

DOI:

https://doi.org/10.24917/20833296.191.7

Keywords:

crisis, COVID-19 pandemic, aviation market, transport

Abstract

The aim of the article is to examine the scale of the crisis caused by the COVID-19 pandemic by using a comparative analysis of statistical data for the years 2020–2021 compared to 2019. It was hypothesized that the crisis did not have an equal impact on regional markets and groups of aviation market companies. The situation was analyzed both in global terms, while selected countries from different regions of the world (Poland, Portugal and Brazil) were examined in detail. It has been proven that the outbreak of the COVID-19 pandemic has significantly changed the image of aviation, and the crisis caused by the pandemic was a disaster for this market manifested by a significant drop in values of analyzed operating indicators. However, the scale of decline in individual regions of the world varied and depended on local conditions occurring in individual countries. There was also a variation in the size of decrease between groups of companies operating on the aviation market. The crisis caused by the COVID-19 pandemic has shown huge changes on the aviation map of the world. China became the world market leader in terms of many indicators (including the largest airport in the world in terms of the number of passengers served) – in previous years the United States dominated in this respect. Further development of the market situation is an extremely interesting issue to be analyzed in the forthcoming years.

Author Biography

Aleksander Szczypiński, Szkoła Główna Handlowa w Warszawie

Aleksander Szczypiński, magister, is a PhD Candidate at the SGH Doctoral School of the SGH Warsaw School of Economics. His main research interests lie in corporate finance and the aviation market, in which he has many years of practical experience, accrued in managerial positions in the supervisory authority and enhanced by providing strategic and financial consulting to aviation market entities as part of his own business activities.

References

Airport Traffic Report. (2019; 2022, 27 listopada). Port Authority NY NJ. Pozyskano z: https://www. panynj.gov/airports/en/statistics-general-info.html

Airport Traffic Report. (2020; 2022, 27 listopada). Port Authority NY NJ. Pozyskano z: https://www. panynj.gov/airports/en/statistics-general-info.html

Airport Traffic Report. (2021; 2022, 27 listopada). Port Authority NY NJ. Pozyskano z: https://www. panynj.gov/airports/en/statistics-general-info.html

Boletins Estatísticos Trimestrais. (2022; 2022, 27 listopada). Autoridade Nacional da Aviação Civil. Pozyskano z https://www.anac.pt/vPT/Generico/PublicacoesINAC/BoletinsEstatisticosTrimestrais/ Paginas/BoletinsEstatisticosTrimestrais.aspx

Dados e Estatísticas. (2022, 27 listopada). Agência Nacional de Aviação Civil. Pozyskano z https://www. gov.br/anac/pt-br/assuntos/dados-e-estatisticas

Daily Traffic Variation – States. (2020; 2022, 27 listopada). Europejska Organizacja ds. Bezpieczeństwa Żeglugi Powietrznej (EUROCONTROL). Pozyskano z https://www.eurocontrol.int/Economics/2020- DailyTrafficVariation-States.html

Daily Traffic Variation – States. (2021; 2022, 27 listopada). Europejska Organizacja ds. Bezpieczeństwa Żeglugi Powietrznej (EUROCONTROL). Pozyskano z https://www.eurocontrol.int/Economics/2020- DailyTrafficVariation-States.html

Economic Performance of the Airline Industry. (2021; 2022, 27 listopada). Międzynarodowe Zrzeszenie Przewoźników Lotniczych. Pozyskano z https://www.iata.org/en/iata-repository/publications/ economic-reports/airline-industry-economic-performance---october-2021---report/

EUROCONTROL Forecast Update 2022–2028. (2022, 27 listopada). Europejska Organizacja ds. Bezpieczeństwa Żeglugi Powietrznej (EUROCONTROL). Pozyskano z https://www.eurocontrol. int/sites/default/files/2022–10/eurocontrol-seven-year-forecast-2022-2028-october-2022.pdf

Global Outlook for Air Transport. (2022; 2022, 27 listopada). Międzynarodowe Zrzeszenie Przewoźników Lotniczych. Pozyskano z https://www.iata.org/en/iata-repository/publications/economic-reports/ airline-industry-economic-performance---june-2022---report/

IATA Annual Review 2021. (2022, 27 listopada). Międzynarodowe Zrzeszenie Przewoźników Lotniczych. Pozyskano z: https://www.iata.org/contentassets/c81222d96c9a4e0bb4ff6ced0126f0bb/iata-annual-review-2021.pdf

Industry Statistics (2022, 27 listopada). Pozyskano z: https://www.iata.org/en/iata-repository/publications/economic-reports/airline-industry-economic-performance---october-2021---data-tables/

Number of passengers carried by selected airline groups in North America in 2021. (2022, 27 listopada). Pozyskano z: https://www.statista.com/statistics/1109993/largest-airlines-north-america--passengers/

Rossi, M., Kolte, A., Festa, G., Pawar, P., Gunardi, A. (2019). Financial structure instability as failure symptom in the aviation industry – the Jet Airways bankruptcy case. 12th Annual Conference of the EuroMed Academy of Business, 1047–1057.

Statystyki według portów lotniczych. (2022, 27 listopada). Urząd Lotnictwa Cywilnego. Pozyskano z: https://ulc.gov.pl/_download/statystyki/wg_portow_lotniczych_4kw2021.pdf

Statystyki według przewoźników. (2019; 2022, 27 listopada). Urząd Lotnictwa Cywilnego. Pozyskano z: https://ulc.gov.pl/_download/regulacja_rynku/statystyki/2019/wg_przew_regularne_4kw2019. pdf

Statystyki według przewoźników. (2020; 2022, 27 listopada). Urząd Lotnictwa Cywilnego. Pozyskano z: https:// www.ulc.gov.pl/_download/regulacja_rynku/statystyki/4kw2020/wg_przew_regularne_4kw2020.pdf

Statystyki według przewoźników. (2021; 2022, 27 listopada). Urząd Lotnictwa Cywilnego. Pozyskano z: https://www.ulc.gov.pl/_download/statystyki/wg_przew_regularne_4kw2021.pdf

Suau-Sanchez, P., Voltes-Dorta, A., Cugueró-Escofet, N. (2020). An early assessment of the impact of COVID-19 on air transport: Just another crisis of aviation as we know it? Journal of Transport Geography, 86.

Szczypiński, A. (2022), Inicjatywy prośrodowiskowe kontra kryzys. Możliwość realizacji programów dążących do zrównoważenia rozwoju lotnictwa cywilnego w trakcie jednej z największych zapaści na rynku lotniczym w historii. Kwartalnik Nauk o Przedsiębiorstwie, 65(3).

Tisdall, L., Zhang, Y., Zhang, A. (2021), COVID-19 impacts on general aviation – Comparative experiences, governmental responses and policy imperatives. Transport Policy, 110.

World Air Transport Statistics 2020 (2020; 2022, 27 listopada). Międzynarodowe Zrzeszenie Przewoźników Lotniczych. Pozyskano z: https://www.iata.org/en/publications/store/world-air--transport-statistics/

World Air Transport Statistics 2021. (2021; 2022, 27 listopada). Pozyskano z https://www.iata.org/en/ publications/store/world-air-transport-statistics/

World Air Transport Statistics 2022. (2022; 2022, 27 listopada). Międzynarodowe Zrzeszenie Przewoźników Lotniczych. Pozyskano z: https://www.iata.org/en/publications/store/world-air--transport-statistics/

World Airline Rankings: Top 100 airline groups by revenue and traffic 2020. (2022, 27 listopada). FlightGlobal. Pozyskano z: https://www.flightglobal.com/reports/world-airline-rankings-top-100- airline-groups-by-revenue-and-traffic-2020/145835.article

Published

2023-06-29

How to Cite

Szczypiński, A. (2023). Have we already returned to ‘business as usual’? Post‑pandemic situation on the aviation market on the example of Poland, Portugal and Brazil, in the light of global trends. Entrepreneurship – Education, 19(1), 86–107. https://doi.org/10.24917/20833296.191.7