A STUDY THE IMPACT OF COVID-19 ON AIRLINE BUSINESS: WITH SPECIAL REFERENCE TO MANAGEMENT SOLUTIONS

Abstract

Airline business is not just business confined to few companies but it is an essential infrastructure facility that provides speed and strength to the whole economy. In the fast paced life of today airline services are indispensable. Travelling for the purpose of tourism, pleasure, leisure, social reasons or business; all have received great setback because of the sudden outbreak of COVID -19 pandemic. No one could anticipate such a mishap and could prepare for that in advance but as the thing has already taken place airlines are pondering to come out of it using few ways. To know the effective ways to restore the business and come out of this situation research work was taken into hand in which airline officials’ opinion was collected and critically analyzed to provide the right solutions related to this unprecedented situation. Majority agreed that tax relief and low price fuel must be provided by the government as it can be the best solution for this alarming crisis. Few companies have also resorted to lay off the employees. To what extent this is effective this has also been researched.