Academic Journal

Market Developments on Chinese International Air Passenger Markets in Light of COVID-19 Policy Measures

التفاصيل البيبلوغرافية
العنوان: Market Developments on Chinese International Air Passenger Markets in Light of COVID-19 Policy Measures
المؤلفون: Graham, Anne, Warnock-Smith, David, O'Connell, John F, Efthymiou, Marina, Zheng, Xingwu
بيانات النشر: MDPI AG
سنة النشر: 2023
المجموعة: Dublin City University: DCU Online Research Access Service (DORAS)
الوصف: The world’s governments imposed a plethora of restrictions and quarantine rules to prevent the rapid spread of COVID-19. China was chosen for this study as it was the first market to be impacted. The overall aim of this paper was to analyse international air travel to and from China since the start of COVID-19 and to assess the impact of policy initiatives on seat capacity during this time. The key findings are that implementation of the so called Five one policy in March 2020 was associated with an almost immediate reduction in seat capacity on China to the rest of the world, partially suppressing the more typical impact of underlying GDP and air fares on capacity. It was further found that Chinese international gateways, as airports with substantial proportions of international and connecting traffic, remain the most distressed. Long haul international traffic and revenues from European and North American destinations all experienced unprecedented and sharp reductions. Traffic and revenues from other Asian markets was even more sporadic. Alarmingly, the study extracted that revenues from premium classes were deteriorating much faster than economy class, which is of imminent concern for long-haul carriers reliant on premium traffic coming into the pandemic.
نوع الوثيقة: article in journal/newspaper
وصف الملف: application/pdf
اللغة: English
Relation: https://doras.dcu.ie/30118/; https://www.mdpi.com/2071-1050/15/2/1525; https://doi.org/10.3390/su15021525; https://doras.dcu.ie/30118/1/sustainability-15-01525-v2.pdf; Graham, Anne, Warnock-Smith, David, O'Connell, John F, Efthymiou, Marina orcid logoorcid:0000-0001-8611-5973 and Zheng, Xingwu (2023) Market Developments on Chinese International Air Passenger Markets in Light of COVID-19 Policy Measures. Sustainability, 15 (2). p. 1525. ISSN 2071-1050
DOI: 10.3390/su15021525
الاتاحة: https://doras.dcu.ie/30118/1/sustainability-15-01525-v2.pdf
https://doi.org/10.3390/su15021525
Rights: cc_by_4
رقم الانضمام: edsbas.3365834
قاعدة البيانات: BASE