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info:eu-repo/semantics/nonPublished

The Covid-19 pandemic has had major implications worldwide and has changed the business models of companies around the world. The aviation sector has been one of the most affected by the impossibility of operating at first, and the demanding restrictive measures that were then carried out. In this sense, the airlines had to adapt their business models in order to survive the pandemic, thus opening new trends towards which the market was headed. This study collects all the statistical information related to the most important airlines in Spain, classifying their business models and analyzing how they have behaved during the pandemic. By directly contrasting results and staging the changes that each period has brought about, comparisons are made in order to discern which cases have been the most successful. The work establishes, within the business model of each airline, the aspects that have had the most effect and their induced consequences, categorizing them and relativizing their impact on the future of the sector. Also, beyond the pure work of statistical compilation, a complete financial study is carried out and possible traffic scenarios are proposed for the coming years. The analysis defines the most critical factors due to the pandemic, and what changes will take place in the future. Finally, the environmental consequences of the pandemic are established, from the point of view of air traffic at both European and national level.

info:eu-repo/semantics/nonPublished

The connectivity provided by full-service network carriers under the umbrella of airline alliances is increasingly challenged by the services of Middle Eastern airlines via their own hubs, and the rise of new passenger strategies like self-connectivity. While these two developments can potentially benefit consumers with more services and lower fares, the rise of Middle East carriers has been met with opposition by EU and US airlines that call for increased protectionism. In addition, only a few airports in the world actively support self-connections. In this context, this study aims to investigate (1) the markets in which Middle East carriers exert a stronger dominance in terms of the number of passenger connections, (2) whether EU, US, or Asian hubs provide a competitive quality of connectivity in terms of travel time, and (3) whether a significant potential for self-connections is hidden at major airports worldwide. To that end, several datasets of passenger bookings (MIDT), airline schedules, and minimum connecting times between 2012 and 2015 are combined in a connections-building methodology that delivers six market-specific airport connectivity indicators for our benchmarking exercise. Our findings show that although European and some Asian hubs have lost traffic in global markets, they remain competitive from a quality perspective. US hubs have maintained their market share and competitive position. Finally, we identify the airports and airlines with the highest potential to provide self-connecting travel options, which can become an attractive new source of revenue for the parties involved.