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Estimating the Determinants of the Passenger Air Transport Recovery After the Crisis Caused by the Covid-19 Pandemic Based on Quantitative Methods

Cywiński Marcin, Wilczyńska-Strawa Agnieszka

Safety & Defense

2023

71--79

For the past several decades, air transport has been developing smoothly, and forecasts were very optimistic. The Covid-19 pandemic set this development back a minimum of two decades. According to the black swan theory, this is not bad news but a stimulus for a change. Every crisis causes improvements in economic processes. The pandemic has forced every business entity present in the market to learn lessons and implement new solutions to help overcome future crises, the occurrence of which seems inevitable. This article attempts to estimate economic parameters, which are best correlated with the structure of the airline industry operation in Poland, and thus answers questions about the scope of macroeconomic decisions necessary to be taken to rebuild the volume of checked-in passengers in Polish air transport.