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Clouds On The Sky Of Aviation Companies During The Summer Vacation Of 2022

Author

Listed:
  • Iulian GOLE
  • Mihai DINU
  • Viorel MOCANU
  • Romeo Catalin CRETU

Abstract

European airports faced a "big challenge" throughout summer 2022, which meant chaos for millions of passengers. Regular queues and cancellations have become depressingly commonplace for travelers, in all airports, with hundreds of flights missing in recent days alone, and the future does not look promising. Although that a significant recovery in air travel is expected after the pandemic, which will allow global airlines to reduce their losses this year and possibly return to profit only in 2023, we notice that there are big problems in terms of the cancellation of the air flights and even a certain decrease of the tourists' confidence in reserving their vacations, due to these inconvenient. In this article, we will analyse the causes that led to these consequences (geopolitical, economic and medical) and what can be done to avoid a deterioration of the situation.

Suggested Citation

  • Iulian GOLE & Mihai DINU & Viorel MOCANU & Romeo Catalin CRETU, 2022. "Clouds On The Sky Of Aviation Companies During The Summer Vacation Of 2022," Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 16(1), pages 906-912, November.
    • Handle: RePEc:rom:mancon:v:16:y:2022:i:1:p:906-912
    DOI: 10.24818/IMC/2022/05.11
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