Index

Airlines and the COVID-19 Pandemic

ISBN: 978-1-80455-505-7, eISBN: 978-1-80455-504-0

ISSN: 2212-1609

Publication date: 4 November 2024

This content is currently only available as a PDF

Citation

(2024), "Index", McCarthy, P.S. (Ed.) Airlines and the COVID-19 Pandemic (Advances in Airline Economics, Vol. 11), Emerald Publishing Limited, Leeds, pp. 369-379. https://doi.org/10.1108/S2212-160920240000011015

Publisher

:

Emerald Publishing Limited

Copyright © 2025 Patrick S. McCarthy. Published under exclusive licence by Emerald Publishing Limited


INDEX

Abstract network modeling
, 28

Africa
, 28, 361–362

Air Bucharest
, 348

Air Canada
, 345–347

Air Caraibes
, 360–361

Air cargo
, 320

Air China (CA)
, 106

Air France-KLM Group
, 122

Air India
, 62

Air Italy
, 361–362

Air Line Pilots Association (ALPA)
, 360–361

Air Quality Index (AQI)
, 220–221

Air Tahiti
, 361–362

Air traffic management (ATM)
, 92

Air transport companies
, 249–250

Air Transport International (ATI)
, 13–14

Air transportation
, 11, 20, 24, 342

employees
, 3–5

networks
, 94–95

supply chain
, 39

as vector for COVID-19 transmission
, 178–179

Air Transportation Act (1978)
, 22

Air travel effects on spread of viruses
, 26–29

Air travel hubs
, 176, 188

AirAsia
, 16, 149, 154

Aircraft design
, 92

Airline Deregulation Act of 1978
, 30, 323

Airline employment
, 342

case study of US Airline Labor Market
, 354–359

global impact of pandemic on
, 345–353

government support and recent changes
, 351–353

implications for future
, 362–364

industrial actions in postpandemic airline industry
, 359–362

overall employment impacts
, 345–351

Airline industry
, 6–7, 71–72, 342–343

background and data
, 74–77

descriptive statistics
, 85

descriptive statistics on daily return
, 75

empirical analysis
, 77–87

nonmarket strategies in
, 58–60

Airline networks
, 8, 12, 118

broad picture
, 123–124

differences by airline business model
, 124–131

and industry structure
, 249–253

literature review
, 119–121

methodology
, 122–123

reaction
, 131–138

results
, 123–139

Airline-within-Airline strategies (AinA)
, 149, 153

Airlines
, 6, 8, 24, 29, 146, 217

alliances
, 59

attributes
, 84–87

data analysis
, 178

differences by airline business model
, 124–131

executives
, 61–62

impacts and responses
, 301–309

operations
, 12–17

passengers
, 1, 50

reactions in airlines markets
, 34–35

resilience
, 14

schedules
, 287–288

stock prices
, 33

Airport Act (1986)
, 22

Airport cost analysis
, 216

channels of covid-19 effect
, 233–234

data
, 220–223

empirical research strategy
, 218

empirical results
, 225–233

gaps and contributions
, 217–218

large hubs
, 232–233

literature review
, 216–218

medium hubs
, 232–233

robustness check
, 234

summary statistics
, 223–225

translog cost function
, 218–220

Airports
, 1, 12, 29, 216

bases
, 119–120

closures
, 119

connectivity
, 37–38

outputs
, 12

short-run costs
, 216

Alaskan Airlines
, 252

Amazon
, 13–14

American Airlines (AA)
, 96, 252, 302

American Rescue Plan Act
, 355–356

Amerijet International airlines
, 259

Animal spirit
, 21

Anthrax
, 20

Artificial intelligence (AI)
, 364

ASEAN+3
, 101–102

Asia Pacific
, 16, 361–362

Asian aviation markets
, 95

Asiana
, 361–362

Association of Flight Attendants (AFA)
, 360–361

Attenuating effect
, 166–167

Available freight ton-miles (ARFTM)
, 325

Available revenue passenger miles (ARPM)
, 325

Available seat kilometers (ASK)
, 122–123

Average Shortest Path Length (ASPL)
, 97–100

Average variable costs
, 231–232

Aviation
, 27–28, 92, 118

fuel taxes
, 55

industry
, 146, 216–217

sector
, 1, 12

Azul
, 348

Backhauls
, 320

analysis
, 329–336

data and analysis
, 323–329

interpretation of findings
, 337–338

load factors
, 15, 333

theoretical motivation
, 321–323

Bankruptcy
, 54, 353

Bargaining
, 6–7

conflictual
, 7

partnership
, 7

strategies
, 58

Behavioral social sciences
, 23

Beijing Capital Airport
, 162

Betweenness centrality (BC)
, 97, 99–100

Big Four airlines
, 355

Big Three airlines
, 147

Bioeconomics
, 21

Biological concepts
, 21

Bivariate regression
, 84, 86

Breakpoints
, 336

British Airways
, 7, 64, 353

Brussels Airlines
, 361–362

BTS T-100
, 220–221

Buffer absorbability
, 101

Bureau of Economic Analysis (BEA)
, 11, 181

Bureau of Labor Statistics (BLS)
, 221

Bureau of Transportation Statistics (BTS)
, 11, 181, 220–221, 251, 288, 355

Business legitimacy
, 60–61

Business models
, 120

Business resilience
, 284, 287–288

country-level comparisons
, 294–295

measures
, 289–290, 294, 296

for US airlines
, 296

US airport system analysis
, 295–296

Cabin crew
, 63, 344

Capacity management
, 15

Capital asset pricing model (CAPM)
, 8, 72–73

Carbon taxes
, 119

Cargo
, 12, 252

Cargo airlines
, 359

Cargo carrier
, 14–15

Cargo-only carriers
, 8, 13–14, 249

Cargo-only companies
, 249, 251

Cathay Pacific
, 353

Census Bureau
, 11, 181

Center
, 97–100

Centers for Disease Control and Prevention (CDC)
, 221–222

Certification Activity Tracking System (CATS)
, 220

Charter Airlines
, 345–347

Chengdu Airlines
, 153

Chief Executive Officers (CEOs)
, 61–62

China
, 146–147

FSC–LCC competition before pandemic
, 149, 156–157, 169

LCC development
, 149–156

overall impact of pandemic and government’s interventions
, 157–162

China Airlines
, 360

Chinese LCC
, 149

Choropleths
, 184–189

Cirium databases
, 292–294

Civil Aviation Administration of China (CAAC)
, 10–11, 106, 147

Closeness centrality
, 97–100

Clustering coefficient (CC)
, 97–100

Coasian transactions costs of trade
, 23

Combination (Combo) companies
, 273

Combination carriers
, 249

Combo carriers
, 13–14

Commercial Aircraft Corporation of China (COMAC)
, 153

Commercial airlines
, 39

Commodities transported
, 321

Communication, navigation, and surveillance (CNS)
, 92

Communism
, 21

Competition and commonality of networks
, 127–131

Complex networks
, 95

analysis
, 101–109

historical aviation crises
, 93

literature review
, 95–97

preliminaries
, 97–101

theory
, 94–95

Compliance
, 61–62

“Conflictual” nonmarket strategy
, 63

Consolidated Appropriations Act
, 355–356

Consumer confidence
, 3

Consumer price index (CPI)
, 3

Contractual services
, 12, 218–219

Conventional t-tests
, 33

Coping strategy
, 323

Coronavirus Aid, Relief, and Economic Security Act (CARES Act)
, 62, 217, 305, 308, 355–356

Coronavirus disease 2019 pandemic (COVID-19 pandemic)
, 1, 6, 8, 20, 50, 71–72, 92, 118, 146, 176, 216, 248–249, 285–286, 320, 342

airline networks and
, 8–12

airline operations and
, 12–17

and airports
, 217

and aviation industry
, 216–217

business and economic impact of covid-19 on airline industry
, 52–57

cases
, 1–2

channels of covid-19 effect
, 233–234

COVID-19-related policies
, 222–223

cumulative cases and deaths
, 2

deaths, by region
, 2

delta variant
, 74

effect
, 220

measures
, 221–222

and networks
, 120–121

overview
, 1–3

policies
, 216

related deaths
, 1–2

shock
, 73

spread
, 11

transmission
, 176–178

uncertainty
, 72

vaccine
, 3

Coronavirus Response and Relief Supplemental Appropriation Act (CRRSAA)
, 217

Corporate social responsibility (CSR)
, 57–58

Correlations analysis
, 189–191

Cost elasticity
, 228

Cost share
, 223–225

County
, 11, 179

CovidCareMap
, 11, 181

“Cream skimming” approach
, 155–156

Critical flights
, 55–56

Cross-section of stock returns
, 77–78

Cross-sectional regressions
, 82–84

Cumulative abnormal return (CAR)
, 73

Data envelopment analysis (DEA)
, 13

Decomposition

average variable costs
, 231–232

full sample
, 229

methodology
, 12–13

of percentage change in average variable costs
, 219–220

of percentage change in total and average variable costs
, 228–232

TVC
, 230

Degree
, 97–100

Degree centrality
, 97–100

Degree distribution
, 97–100

Delegitimation cascade
, 60–62

Delegitimization cascade
, 7

Delta AirLines (DL)
, 8, 96, 250, 252, 302, 356–357

Diameter
, 97–100

Diphtheria
, 20

Direct output effect
, 220

Disciplinary approaches
, 287

Discrete business-model categories
, 120

Disease importation risk
, 178

Dispersal model
, 27–28

Disruptions
, 3, 94

Domestic flights
, 95

Domestic markets
, 121–122

Domestic risk of COVID-19 transmission
, 176

Domestic traffic
, 118

Double Pareto Law
, 100–101

Double-log specification
, 195–196

Dow Jone US Airline Index
, 77

Dynamic resilience
, 5

E-commerce
, 92, 251

EasyJet
, 7, 32, 64, 121, 135–136

Ebola
, 28

and Marburg hemorrhagic fevers
, 20

Eccentricity
, 97–100

Economic impacts
, 3–5

macroeconomic indicators
, 4

US Airline Carrier Indicators
, 4

Economic institutions
, 38–39

Economic man
, 21

Economics Intelligence Unit (EIU)
, 72–73, 76

Economics interactions
, 24–29

Economist Intelligence Unit
, 8

Egypt Air
, 351–352

Emergency Use Authorization (EUA)
, 74

Emirates Airlines
, 59

Emission reduction programs
, 59

Empirical model
, 78–79, 179–180, 265, 270

Empirical research strategy
, 218

Empirical strategy
, 288–291

Employment
, 3, 342

Endogeneity
, 204–205

concerns
, 192

Environmental, social, and governance (ESG)
, 73–74, 96–97

Envoy
, 356–357

Epidemics/pandemics
, 24–29

Equity markets
, 7

Etihad Airlines
, 59

EUROCONTROL
, 123

Europe
, 3, 9

European air traffic networks
, 100–101

European airlines
, 6–7

in context of Covid-19
, 60–64

European Common Aviation Area (ECAA)
, 14, 285

European Court of Justice
, 22–23

European Union
, 37, 321

EU–US Open Skies Agreement of 2007
, 22

Ewa Air
, 361–362

Excess returns
, 73

F-statistic
, 205

Fascism
, 21

Federal Aviation Administration (FAA)
, 220, 288

Federal Express
, 251, 259

Financial resources
, 85

Financial subsidies
, 10–11

Finnair
, 6–7, 135

Firms
, 58, 287

Fleet capacity
, 14

Flight delay propagation
, 101

Flight operations
, 92

Fractional logit regression model
, 267

Freight
, 3, 5, 12

Fronthaul load factors
, 15, 332

Frontier Airlines
, 259

Frontier theory
, 253–254

Full-service carriers (FSCs)
, 8, 32, 35, 75, 96, 102, 146–147, 249–250, 284–285

consolidation and rationalization
, 302–308

FSC–LCC competition before pandemic
, 149–156

market contact between LCC and FSC during pandemic
, 168–169

route choice behavior of LCC and FSC during pandemic
, 162–168

Full-service network carriers (FSNCs)
, 120, 131, 135, 345, 347

Garuda Air
, 351–352

Generalized AutoRegressive Conditional Heteroskedasticity model (GARCH model)
, 96

Genoeconomics
, 21

Global airline network
, 100–101

Global Efficiency (GE)
, 97–100

Global epidemic and mobility model
, 178

Governance
, 22–23, 35, 38

Government support programs (CARES Act)
, 16

Graph theory
, 97–100

Great Recession
, 30–31, 248

Gross domestic product (GDP)
, 3, 31, 58–59, 118, 157, 343

Guangzhou Baiyun Airport
, 162

Gulf Air
, 351–352

Hawaii Airlines
, 80

Hawaiian Airlines
, 13–14

Herfindahl–Hirschman index (HHI)
, 124

Heterodox economics
, 6, 20–21

economic institutions
, 38–39

economics interactions
, 24–29

institution environment and governance
, 35–38

layers of economic institutions
, 22

market challenges confronting airlines
, 31–34

market clearing implication of covid-19 for air travel
, 30–31

new institutional economics
, 21–24

reactions in airlines markets
, 34–35

High-speed rail (HSR) tickets
, 155

High-speed trains (HSTs)
, 95

Homo economicus
, 21

Hong Kong influenza pandemic strain
, 27

Hub airports
, 119–120

Hub classification scheme
, 295

Hub-and-spoke networks
, 119

Hub-and-spoke system
, 250

Human immunodeficiency virus (HIV)
, 20

Hypothetical performance trajectory
, 290

Iberia Express
, 361–362

IndiGo
, 104

Industry sectoral analysis

airline networks and industry structure
, 249–253

data
, 259–265

empirical methods
, 265–270

modeling airline performance during pandemic
, 253–259

results
, 270–275

Industry-specific levies
, 55

Infectious disease outbreaks
, 20

Influenza
, 20

Input effect
, 220

Input prices
, 221

Institution environment
, 35–38

Institutions
, 6, 8, 23

Instrumental variable (IV) approach
, 204

Integrators
, 13

Intensive care unit (ICU)
, 176

Interjet
, 360–361

Internal/external short-and long-term responses
, 97

International Air Transport Association (IATA)
, 51, 92, 118, 216–217

International Airlines Group (IAG)
, 122

International Civil Aviation Organization (ICAO)
, 92, 94, 216–217

International Civil Aviation Organization Plus (ICAO+)
, 16, 345

International transmission
, 179

International Union of Railways (UIC)
, 177

Interval type-2 fuzzy analytic hierarchy process (IT2FAHP)
, 97

Interval type-2 fuzzy decision-making trial and evaluation laboratory (IT2FDEMATEL)
, 97

Invasive meningococcal disease
, 20

Iran Air
, 351–352

Iraqi Airways
, 361–362

Italian airport network
, 100–101

JetBlue
, 35

JetBlue Airways
, 259

JetSmart
, 345–347

John Hopkins Git Hub depository
, 11, 180

Kaiser Family Foundation (KFF)
, 222

Kalitta Airlines
, 259

Kenya Airways
, 361–362

Labor relations
, 360–362

Labor unions
, 344

Large hubs
, 232–233

Largest US carriers
, 302

Lassa fever
, 20

LATAM
, 360

Legitimacy
, 60

Linear Point-to-Point System
, 250–251

Load factors
, 334–336

Lockdown measures
, 146

Low-cost carriers (LCCs)
, 8, 59–60, 75, 96, 102, 120, 135, 138, 146–147, 249–250, 296, 345, 347

development
, 149–156

market contact between LCC and FSC during pandemic
, 168–169

route choice behavior of LCC and FSC during pandemic
, 162–168

Lufthansa Group
, 122

Lynden Air Cargo
, 259

Macro-macro level studies
, 32

Macroeconomic indicators
, 3

Magnitude of drop
, 290

Magnitude of recovery
, 290

Maintenance personnel
, 344

Malmquist index
, 273–275

Malmquist productivity
, 13–14

Malmquist total factor productivity
, 267–268

Managerial preparedness of US commercial airline management teams
, 96–97

Market challenges confronting airlines
, 31–34

Market clearing

implication of covid-19 for air travel
, 30–31

processes
, 23

Market contact between LCC and FSC during pandemic
, 168–169

Market index
, 71–72

Market return
, 73–74

Market risk
, 82

Market strategies
, 6–7, 50

Mean Absolute Percentage Error (MAPE)
, 291

Mean Error (ME)
, 291

Mean Percentage Error (MPE)
, 291

Mean Square Error (MSE)
, 291

Measles
, 20

Medical supply transport
, 55–56

Medium hubs
, 232–233

Metrics
, 97–98, 100

Micro-micro studies
, 29

Middle East
, 16

Multi-airport system (MAS)
, 163

“Multi-compartment” aircraft
, 252

Multi-output translog cost function
, 216

Multicriteria Data Envelopment Analysis (MCDEA) model
, 97

National Association of Securities Dealers Automated Quotations (NASDAQ)
, 75–76

National Aviation System (NAS)
, 288

Natural experiment
, 20

Negative attributes
, 220–221

Network disruptions
, 52–54

Network economies
, 119–120

Network metrics
, 9

Network science
, 112–113

methodological approach
, 9

methodology
, 8

metrics
, 9

Network structures
, 119–120

Networks as critical elements of airline strategies
, 119–120

New institutional economics (NIE)
, 5–6, 20–21

in context
, 21–24

New marketing planning methods
, 96

New Normal, emerging trends in
, 138–139

New York Stock Exchange (NYSE)
, 75–76

Non-aeronautical revenue
, 216, 220

Nonbargaining
, 6–7

approaches
, 58

compliance
, 7

selective avoidance
, 7

Nonengagement in political markets
, 58

Nongovernmental organizations (NGOs)
, 57–58

Nonmarket strategies
, 6–7, 50

in airline industry
, 58–60

business and economic impact of covid-19 on airline industry
, 52–57

choices of European airlines in context of Covid-19
, 60–64

economic profit/loss by subsector in aviation 2020
, 53

European Airlines bankruptcies
, 54

evolution of revenue passenger kilometers
, 53

financial support
, 56

net profit and loss of airlines
, 51

overview
, 57–58

Nonparametric Mann–Whitney test
, 33

Nonparticipation in political markets
, 58

Nonsystematic risk
, 8

Normalization
, 179–180

North America
, 3, 333

Official Airline Guide (OAG)
, 9–10, 122, 284

databases
, 292–294

Omni Air International
, 259

Onset of pandemic
, 290

Open Skies Agreements (OSAs)
, 154

Operating capacity
, 14

Operating revenues (OR)
, 265

Organization for Economic Cooperation and Development (OECD)
, 118, 364

Organizational resilience
, 287–288

Organized labor
, 359

Origin-destination (O-D) pairs
, 10, 94, 119–120, 179

Output effect
, 220

Pandemic beta
, 72–73, 79, 81–82

with airline attributes
, 84–87

Pandemic response strategies
, 5–6

Pandemic uncertainty
, 73

Pandemic uncertainty index (PUI)
, 8, 72–73, 76

Pandemics
, 320

Partnership
, 62

Passenger airlines
, 284

Passenger and all-cargo schedule analysis
, 301–302

Passenger carrier
, 301–302

Passenger taxes
, 55

Passenger traffic analysis
, 28

Passenger-only carriers
, 13–14, 249

Passenger-only companies
, 251

Passengers
, 146

Paths
, 97–100

Performance measures
, 249

Performed departures
, 292, 302

Periphery
, 97–100

Persistent effect
, 166–167

Personal protective equipment (PPE)
, 55–56, 301–302

Perspex dividers
, 62

Philippines Airlines (PAL)
, 348

Piedmont Airlines
, 360–361

Pilots
, 345

Point-to-point networks
, 119

Point-to-point system
, 250–251

Polar Air Cargo
, 259

Policy intervention effect
, 220

Political market capitalism
, 21

Population density
, 189–191

Positive outputs
, 220–221

Postpandemic airline industry, industrial actions in
, 359–362

Preighters
, 342–343

Prevention strategies
, 121

Producer price indexes (PPI)
, 221

Productivity
, 249

Psychology
, 23

Public education campaigns
, 208

Public good
, 50

Public health policymakers
, 38–39

Public policy instruments
, 119

“Puppy dog” approach
, 147

Pure Technical Efficiency
, 230

Qantas
, 361–362

Qatar Airways
, 54, 59

Quasi-fixed capital effect
, 220

Quasi-fixed factor
, 221

Quasi-maximum likelihood method
, 267

Radius
, 97–100

Rate of recovery
, 290

Real GDP
, 3

Redundancy
, 101–102

Regional airlines
, 350–351

Regression
, 11

Regression analysis
, 192–194

Relative measures
, 291

Relative risk assessment
, 11

Repatriation flights
, 55–56

Reputation management
, 59, 101–102

Resilience
, 5–6, 15

Resource-allocation studies
, 23

Retrenchment measures
, 96–97

Revenue freight ton-miles (RFTM)
, 325

Revenue passenger miles (RPM)
, 325

Revenue ton-miles (RTM)
, 265

Risk distribution
, 188–189

Risk index
, 178–179

Risk management
, 73

Risk of spread
, 196–197

Risk premium
, 73, 84

Robustness check
, 234

Robustness tests
, 195–197

Rolling-Hub System
, 250

Root Mean Square Error (RMSE)
, 291

Root Mean Square Percentage Error (RMSPE)
, 291

Route choice
, 149

Route entry restrictions
, 11

Rubella
, 20

Rule-based methodology
, 14

Ryanair
, 7, 32, 59–60, 64, 121

S&P 500 Index
, 3

Sabre Market Intelligence
, 102

Sargan tests
, 205

SARS-CoV-2
, 1

SAS
, 125–126

Scale economies
, 119–120

Scale technical efficiency
, 261–263

Scale-dependent measures
, 291

Scarring
, 290

Schedule gap measurement
, 290–291

Scheduled departures
, 292, 302

Scheduling process over time
, 308–309

Schweiterman study
, 323

Scope economies
, 119–120

Seasonal influenza
, 26–27, 178

Selective avoidance
, 62

September 11 2001, attacks
, 28, 50

7-point Likert scale
, 177–178

Severe acute respiratory syndrome (SARS)
, 20, 28–29, 92, 94

Shanghai Pudong Airport
, 162

Shock duration
, 296

Short run costs
, 12

Short-run cost analysis
, 221

Shortest path
, 97–100

Sideral Air
, 348

Simultaneity
, 204–205

Singapore Airlines
, 50

Situational Crisis Communication Theory (SCCT)
, 96–97

Smallpox
, 20

Socialism
, 21

South African Airways Pilots Association
, 361–362

South America
, 3

Southwest Airlines (WN)
, 302

Spatiotemporal evolution
, 112

SpiceJet
, 348

Spirit Airlines
, 252–253

Spreading diseases
, 6

Spring Airlines
, 146–147, 149

Sri Lankan Airlines
, 351–352

Standard Deviation of the Error
, 291

Static resilience
, 5

Stock data
, 75

Stock markets
, 96

valuations
, 32–33

Stock price
, 77

Strategic management
, 60

Strikes
, 101

Stringency scores
, 15, 334, 336

Subsidies
, 10

Subway crowding
, 177–178

Sun Country Airlines
, 259

Supply variations
, 125–127

Susceptible-Exposed-Infectious-Recovered-based models
, 178

Susceptible-exposed-infectious-removed (SEIR)
, 6

Sustainable Aviation Fuels (SAF)
, 139

SWISS
, 34–35

Systematic risk
, 8

T-100 International Segment table
, 324

T100 Market database
, 181

TAAG
, 361–362

TAROM
, 351–352

Technical change
, 254–255

Technical efficiency
, 13–14, 249, 253–254

change
, 268

Thai Airways
, 353

Ticketing and sales
, 345

Tobit model
, 266

Total factor productivity (TFP)
, 14, 267–268, 273, 275

Total variable costs (TVC)
, 220–221, 230

Tourism
, 30

Traditional statistical methods
, 33

Traffic flow
, 15, 336

Transaction costs
, 23

Transavia
, 125–126

Translog (flexible form) cost function
, 12, 218, 220

Transport-related policy measures
, 177

Transportation network analysis
, 40, 176

Transportation systems
, 177–178

Travel restrictions
, 146

Travel risk analysis
, 192

Tuberculosis
, 20

Tunisia Air
, 361–362

Two-by-two matrix
, 7, 96–97

Two-stage least squares (2SLS) model
, 176–177, 204–205

Ultra-low cost carriers (ULCCs)
, 252–253

UN International Civil Aviation Organization (ICAO)
, 56–57

Unemployment rate
, 3

Union Bank of Switzerland (UBS)
, 55

Unions
, 360

United Airlines (UA)
, 96, 302, 356–357

United Parcel Service (UPS)
, 251

US air transportation network
, 180

data source
, 180–184

empirical approach and data sample
, 179–184

endogeneity and simultaneity
, 204–205

key variables in study
, 181

policy implications
, 205–208

results
, 184–197

review of related work
, 177–179

summary statistics
, 180, 182, 184

US airline industry
, 73

US Airline Labor Market, case study of
, 354–359

US airline schedule planning
, 284–285

business resilience measures
, 289–290, 294, 296

changes
, 298–309

COVID-19 pandemic
, 285–286

data sources and selected variables
, 292–294

empirical strategy
, 288–291

literature review
, 286–287

organizational and business resilience
, 287–288

schedule gap measurement
, 290–291

US airline stocks
, 8

US airport system analysis
, 295–296, 298, 301

US BTS T-100 ex post databases
, 292

US Civil Reserve Air Fleet (CRAF) Program
, 39

US Coronavirus Aid, Relief, and Economic Security Act (CARES)
, 14–15

US Department of Justice
, 22–23

US Environmental Protection Agency (EPA)
, 220–221

Value-added taxes (VAT)
, 55

Vande Bharat Mission
, 62

Variable returns to scale (VRS)
, 265

Vector-borne disease airline importation risk model
, 178

Vueling
, 136

Western European market
, 119

WestJet
, 325

“Wild Your Weekends” program
, 159–160

Wizz Air
, 32, 121

Workload
, 12, 225

World Health Organization (WHO)
, 1, 23–24, 73, 92, 94

Worldwide air transportation network (WATN)
, 121

Worldwide airport network
, 100–101

Wu-Hausman tests
, 205

Wuhan Municipal Health Commission
, 1

X-inefficiency
, 40

Yahoo Finance
, 8