As and United States 13 companies went bankrupt

As a periodical sector, civil aviation hassuffered considerable losses during the 2008 and 2009 economic crisis.

Harveyand Turnbull (2009) implied that the operating losses reached to 150 majorairlines  with  $ 15 billion and United States 13 companieswent bankrupt in 2008. All American companies to the exception of Southwesthave reduced their abilities. In Europe, Scandinavian Airlines (SAS) is thecompany that has reduced its capacity the most with a decrease of 40 percent. Theeconomic crisis had various side effects on the personnel of the airline companies.Thus, Lufthansa has reduced the working hours in its freight operations, BritishAirways applied to wage freezes and layoff. Trade unions interviewed on thesubject reported voluntary departures and non-renewal of temporary contracts.The International Federation of Supervisory Associations of the Air TrafficControl (IFATCA) welcomed with concern the information which training programswould have been revised downwards.

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Additionally, In April 2010; the eruption ofIceland’s Eyjafjöll volcano caused the worst event of civil aviation since theSecond World War. In the week following the eruption (explosion of volcano)100,000 flights were canceled and it is estimated that cost of $4.7 billionglobally for this week alone. Its effect reached up to 10 million travelers. Followingthis event, the International Civil Aviation Organization (ICAO) set up avolcano monitoring system which is a working group published practical tools in2012. Another example from Geneva; in 2007, thenumber of flights decreased during the year. Before the crisis; nearly 40,000aircraft landed in Geneva airport.

Business aviation is especially so importantin Swiss. Probst (2016) argued that they are losing its power due to crisis. However;In Zurich, the fall is more moderate and in the surrounding airfield from Sionto Bern city is stable, even rising. The number of commercial flights isgrowing at a crazy speed. While capitals benefit from platforms dedicated tobusiness aviation. But this is not the case in. Geneva, which coexists on asingle airstrip, business and leisure, favors mass-market connections for moneymatters. So that, each device pays a fee based on its weight; for instance; abig car pays more and public service but the airport is an “autonomous”(independent) public institution.

European Aviation Safety Agency (which is anorganization that is founded for Europe aviation safety) (2008) launchednegotiations with the national aviation authorities to assess the importanceand implications of the crisis that extended to all sectors of economicactivity. Examination of economic and financial statistics, as well asforecasts made by various aviation organizations, quickly showed us that itwould be a major crisis for the transport and all related activities. Indeed,even if at the time the general trend was too optimistic and the numbers showedthat the recovery would not intervene until mid 2009s and that the economiccrisis would at least continue until mid-term 2010. Since air transport isessentially dependent of the evolution of the gross domestic product and takinginto account experiences of the past, then it is hardly reasonable that freight(goods transported by aircrafts) traffic will resume before the beginning 2010and that passenger traffic does not start again progress before mid-2010. Giventhe difficulty of easily adapting the offer on demand, we had to expectovercapacity generating a serious unstable of companies probably leading torestructuring industrial changes, or even deep changes in applied policies inthe sector.


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