COVID-19 Pandemic—Financial Consequences for Polish Airports—Selected Aspects

The COVID-19 pandemic has reduced the mobility of urban residents on an international level. Tourist air traffic was suspended as one of many activities. As a result, the aviation industry has suffered losses at various levels. In addition to carriers, airports are also suffering due to the effects...

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Autor principal: Agnieszka Barczak
Formato: article
Lenguaje:EN
Publicado: MDPI AG 2021
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Acceso en línea:https://doaj.org/article/ec66893036dd4f4197a3d4f5dcbef7a6
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spelling oai:doaj.org-article:ec66893036dd4f4197a3d4f5dcbef7a62021-11-25T15:57:50ZCOVID-19 Pandemic—Financial Consequences for Polish Airports—Selected Aspects10.3390/aerospace81103532226-4310https://doaj.org/article/ec66893036dd4f4197a3d4f5dcbef7a62021-11-01T00:00:00Zhttps://www.mdpi.com/2226-4310/8/11/353https://doaj.org/toc/2226-4310The COVID-19 pandemic has reduced the mobility of urban residents on an international level. Tourist air traffic was suspended as one of many activities. As a result, the aviation industry has suffered losses at various levels. In addition to carriers, airports are also suffering due to the effects of the pandemic. Their income comes mainly from charges for take-offs and landings of airplanes, passenger charges, and commercial and restaurant activity. In this paper, the authors attempt to estimate the level of losses incurred by six Polish airports in relation to passenger charges. Based on the data for the years 2015–2019, the forecasts of passenger flows for the year 2020 were estimated using the seasonality indicator method, the method of one-name period trends, and models of linear trends with seasonality. Research has shown that the total losses of the examined airports for the year 2020 amounted to approximately 290 million EUR, and these are losses resulting only from the lack of fees charged for servicing passengers at the airports.Agnieszka BarczakMDPI AGarticleCOVID-19forecastingair travelairportfinancial performanceMotor vehicles. Aeronautics. AstronauticsTL1-4050ENAerospace, Vol 8, Iss 353, p 353 (2021)
institution DOAJ
collection DOAJ
language EN
topic COVID-19
forecasting
air travel
airport
financial performance
Motor vehicles. Aeronautics. Astronautics
TL1-4050
spellingShingle COVID-19
forecasting
air travel
airport
financial performance
Motor vehicles. Aeronautics. Astronautics
TL1-4050
Agnieszka Barczak
COVID-19 Pandemic—Financial Consequences for Polish Airports—Selected Aspects
description The COVID-19 pandemic has reduced the mobility of urban residents on an international level. Tourist air traffic was suspended as one of many activities. As a result, the aviation industry has suffered losses at various levels. In addition to carriers, airports are also suffering due to the effects of the pandemic. Their income comes mainly from charges for take-offs and landings of airplanes, passenger charges, and commercial and restaurant activity. In this paper, the authors attempt to estimate the level of losses incurred by six Polish airports in relation to passenger charges. Based on the data for the years 2015–2019, the forecasts of passenger flows for the year 2020 were estimated using the seasonality indicator method, the method of one-name period trends, and models of linear trends with seasonality. Research has shown that the total losses of the examined airports for the year 2020 amounted to approximately 290 million EUR, and these are losses resulting only from the lack of fees charged for servicing passengers at the airports.
format article
author Agnieszka Barczak
author_facet Agnieszka Barczak
author_sort Agnieszka Barczak
title COVID-19 Pandemic—Financial Consequences for Polish Airports—Selected Aspects
title_short COVID-19 Pandemic—Financial Consequences for Polish Airports—Selected Aspects
title_full COVID-19 Pandemic—Financial Consequences for Polish Airports—Selected Aspects
title_fullStr COVID-19 Pandemic—Financial Consequences for Polish Airports—Selected Aspects
title_full_unstemmed COVID-19 Pandemic—Financial Consequences for Polish Airports—Selected Aspects
title_sort covid-19 pandemic—financial consequences for polish airports—selected aspects
publisher MDPI AG
publishDate 2021
url https://doaj.org/article/ec66893036dd4f4197a3d4f5dcbef7a6
work_keys_str_mv AT agnieszkabarczak covid19pandemicfinancialconsequencesforpolishairportsselectedaspects
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