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China International Television: (Yang Hangjun) It may take two or three years for international air passenger transport to fully recover

Published: June 1, 2020 Editor: liyuqing

(Source: China International Television 2020-5-30)

May 30, 2020,w88 casinoYang Hangjun, w88 casino of International Economics and w88ProfessorIn an interview with China International Television's "China 24》columnofDuring live interview via Skypesaid: The passenger load factor of domestic airlines in my country has returned to about 60% of the original level, which is a good sign of recovery. However, due to the outbreak and spread of the epidemic around the world, countries around the world will continue to face a higher risk of imported epidemics from abroad. Most countries have introduced relevant restrictive measures on international air passenger transport. For example, the Civil Aviation Administration of my country has issuedThe "Five Ones" policy has led to a slow recovery in the international air passenger transport market. It is estimated that it will take two to three years to fully recover.

 

Yang HangjunProfessorsaid that due to the earlier outbreak of the epidemic in my country, the impact on domestic airlines has been longer, and some smaller airlines or airlines that were already in debt crisis will face a more severe blow. For airlines that were operating well before the epidemic, the government should provide direct financial subsidies and other measures to help them solve cash flow problems and tide over the difficulties. For airlines that are already in operating difficulties, the government can consider encouraging and coordinating the merger and reorganization of relevant airlines to reduce excess capacity, improve economies of scale, reduce costs, and effectively reduce the losses of airlines. Some small and medium-sized state-owned airlines have weak ability to resist risks. With the sudden drop in aviation demand caused by the epidemic, aircraft utilization, passenger load factor, flight execution rate, etc. cannot be guaranteed. Airlines with operating difficulties can be considered to be merged into large state-owned airlines to reintegrate their operations.

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