The outbreak spread to about 500 employees of Delta Airlines and the aviation industry was severely damaged

category:Finance
 The outbreak spread to about 500 employees of Delta Airlines and the aviation industry was severely damaged


Delta Airlines Inc novel coronavirus pneumonia detected 18 days ago, according to World Wide Web, a Delta Airlines Inc official said. The company had a total of about 500 employees tested positive for new crown virus, most of whom had recovered and 10 employees died of new crown pneumonia. Next, all 90000 delta employees will be tested for the new coronavirus.

In 2020, the novel coronavirus pneumonia epidemic is spreading in the world, and the global spread of the disease has not diminished. This has posed a major challenge to the global aviation industry. This month, the International Air Transport Association predicted that the global aviation industrys revenue this year could fall to $419 billion from $838 billion last year, while halving the revenue, it also predicted a loss of $84.3 billion for the whole year. The IATA predicts that it will take five years for air travel demand to return to its pre coronavirus level.

The novel coronavirus pneumonia data released by Johns Hopkins University in the US show that as of 10:33 p.m. Beijing time in June 19th, 8520761 cases of new crown pneumonia were diagnosed globally, and 454582 cases died.

Delta has 500 employees infected with new coronavirus

In terms of share prices, Delta has fallen from a peak of $62.05 this year to more than $30, bottoming out at $17.51.

The United States is paying more and more attention to epidemic prevention and control. American Airlines, another leading airline, recently took a passenger who refused to wear a mask off the plane for the first time and announced that he would be banned from the companys flights until the regulations on wearing a mask were lifted. This is the first time that passengers without masks have been refused after US airlines announced the policy of tightening masks earlier this week.

The situation of anti epidemic in many countries is severe

Brazil has more than 980000 new coronavirus infections, second only to the United States, with a cumulative death toll of nearly 48000. On the evening of the 17th local time, the Brazilian Association of indigenous peoples (APIB) announced that the leader of the countrys indigenous people, Paulo paiakan, had died of infection with the new coronavirus, which means that the new coronavirus has spread to the Amazon jungle. In order to curb the spread of the new coronavirus, the Brazilian government sent a medical team to the Amazon jungle to conduct medical follow-up for some indigenous people.

There are more than 560000 similar confirmed cases and 7841 deaths in Russia. Russian President Vladimir Putins spokesman said Thursday that special disinfection channels had been installed in the Kremlin and Russian presidential residence on the outskirts of Moscow. During the outbreak, Putin mainly worked through video conference in the new ogaliovo residence on the outskirts of Moscow.

There are more than 300000 confirmed cases in India and the UK, of which more than 42000 have died in the UK and more than 12000 in India. Britain has just over 300000 confirmed cases in the past two days. Health minister Hancock announced that Imperial College of technology started the first phase of human clinical trials of the new crown vaccine earlier this week. In addition, there are 240000 doses of dexamethasone in the UK. The research team of the University of niujin believes that dexamethasone can prolong the life expectancy of severe patients infected with the new crown virus Life.

Epidemic or long-term impact on global aviation industry

In 2020, the novel coronavirus pneumonia epidemic is spreading in the world, and the global spread of the disease has not diminished. This has posed a major challenge to the global aviation industry.

The International Air Transport Association (IATA) predicted in early June that as most of the worlds flights are currently grounded, the airline industrys revenue may fall to $419 billion from $838 billion last year. At the same time of halving revenue, the aviation industry is expected to lose $84.3 billion this year, with a 20.1% drop in net profit margin, which increases the average loss of $230 million per day to the aviation industry, making it the worst year in aviation history.

Next years situation may not be better. IATA warned that due to the difficult recovery of passenger flow, airlines cut prices sharply in order to compete for business, and the industry is expected to lose $15.8 billion in 2021, making the combined loss in 2020-2021 possible to reach about $100 billion.

The house leakage happens every night. When the operation is in crisis, the debt crisis is high. According to relevant data, by the end of 2020, the global aviation debt may reach as high as $550 billion, an increase of $120 billion over the beginning of the year. Among them, new debt is US $67 billion, including US $50 billion of government loans, US $5 billion of deferred taxes and US $12 billion of loan guarantees; commercial debt is US $52 billion, including US $23 billion of commercial loans, US $18 billion of capital market debt, US $5 billion of new operating lease debt and US $6 billion of existing credit.

At the same time, there is a series of layoffs in the aviation industry. Recently, US diversified manufacturing giant Textron said that due to the long-term impact of the pandemic on commercial air transport business expectations, the market demand for flight simulators has declined significantly, and it will suspend the production of flight simulators in Montreal, Canada, and plans to cut 1950 jobs in multiple business departments, equivalent to about 6% of its total staff. Prior to that, the company had taken some 7000 employees off pay.

Previously, SAS announced that it would cut 90% of its workforce and be forced to lay off about 10000 employees; Air France announced that it would cut 8000 to 10000 employees, accounting for 15% to 20% of the groups total staff; Lufthansa, Germanys first airline, doubled its original scale of layoffs and expected to cut 26000 employees.

It is worth mentioning that the International Aviation Association recently released the report on air travel outlook for the next five years, which predicted that it would take five years for air travel demand to recover to the level before the new coronavirus epidemic. IATA predicts that in the next five years, passengers will prefer short distance travel and the length of air travel will be greatly reduced. The itinerary will be reduced from 2050km to 1900km, and will only exceed 2000km in 2025, reaching the level of 2012.

There is a trend of recurrence in the domestic epidemic

At home, the outbreak of the new market in Beijing also needs attention.

According to the public data, from 0:00 to 24:00 on June 18, Beijing reported 25 newly confirmed cases, 2 suspected cases and 2 asymptomatic infections. In the past 8 days, 183 cases have been confirmed in Beijing. In addition, local cases have occurred in Hebei, Liaoning, Sichuan, Henan and other places. From the 16th, Beijing announced that the emergency response level had been upgraded from the third level to the second level, and the relevant personnel of medium and high-risk streets, townships and new places were forbidden to leave Beijing. Other personnel insisted on no need to leave Beijing, and those who really need to leave Beijing must hold negative nucleic acid test certificate within 7 days. Domestic major airlines flights in and out of Beijing have been reduced and cancelled, but the valuation of A-share air transport sector is at a relatively low level. In the long run, its subsequent development may be boosted by the release of favorable factors such as epidemic control and gradual opening of flight restrictions by various countries. Source: responsible editor of Securities Times: Yang Bin_ NF4368

From the 16th, Beijing announced that the emergency response level had been upgraded from the third level to the second level, and the relevant personnel of medium and high-risk streets, townships and new places were forbidden to leave Beijing. Other personnel insisted on no need to leave Beijing, and those who really need to leave Beijing must hold negative nucleic acid test certificate within 7 days.

Domestic major airlines flights in and out of Beijing have been reduced and cancelled, but the valuation of A-share air transport sector is at a relatively low level. In the long run, its subsequent development may be boosted by the release of favorable factors such as epidemic control and gradual opening of flight restrictions by various countries.