College of Aeronautics Research Poster Session
This study aimed to investigate the changes in revenue experienced by cargo airlines before and during the COVID-19 pandemic. To gather the necessary data, information was sourced from the Securities and Exchange Commission's (SEC) databases and the websites of the specific airlines. The findings of this study revealed significant shifts in revenue for cargo airlines during the pandemic. Some airlines experienced an unexpected rise in revenue, challenging our previous understanding of the industry dynamics. These findings highlighted the importance of conducting a comprehensive analysis that includes a larger view of the aviation sector.
The COVID-19 pandemic had a profound impact on the aviation industry. With travel restrictions and lockdown measures implemented worldwide, the passenger airline business suffered a severe blow. However, the cargo airline sector experienced a contrasting effect, as the demand for air freight services increased even with a disrupted supply chain. To better understand the revenue changes, data was collected from the SEC's databases, which are reliable sources that provide accurate financial information regarding publicly listed companies. Additionally, airline websites were consulted to supplement the SEC data and provide insights into the individual strategies and performances of specific carriers.
Upon analyzing the data, it became clear that the COVID-19 pandemic had a significant impact on the air cargo industry as a whole.
Abushal, Ali; Buchal, Timothy R.; Noto, Ethan; Wheeler, Brooke; and Sharma, Vivek, "Change in Air Cargo Revenue Before VS During the COVID-19 Pandemic" (2023). Aeronautics Student Publications. 16.