Search the World's Largest Database of Information Science & Technology Terms & Definitions
InfInfoScipedia LogoScipedia
A Free Service of IGI Global Publishing House
Below please find a list of definitions for the term that
you selected from multiple scholarly research resources.

What is Ansett Collapse

Chapter 5
Digitalization and the Impacts of COVID-19 on the Aviation Industry
The collapse of Ansett airline in 2002, after 65 years of service. The company was providing its services domestically in Australia and served some destination in Asia during the 1990s.
Published in Chapter:
The Postpandemic Future of Australian Regional Aviation: How Regional Express (Rex) Navigated the Challenges and Opportunities
Dorothea Maria Bowyer (Western Sydney University, Australia), Walid El Hamad (University of Wollongong, Australia), Ciorstan Smark (University of Wollongong, Australia), Greg Evan Jones (University of Southern Queensland, Australia), Claire Beattie (Lincoln University, New Zealand), and Ying Deng (Zhejiang University of Finance and Economics, China)
Copyright: © 2022 |Pages: 29
DOI: 10.4018/978-1-6684-2319-6.ch005
Abstract
This chapter provides an analysis of the journey an Australian regional airline has adopted to navigate the extreme challenges posed by the effect of COVID-19 on the passenger aviation sector. Operating in a deregulated and highly competitive sector characterized by competing stakeholder requirements, this regional airline initially responded to the crisis by ceasing almost all its passenger operations. Simultaneously, the airline proactively lobbied the Australian government on behalf of regional carriers in an attempt to highlight the severity of the crisis. The analysis of the financial reports of this airline presents a stark view of the financial consequences of the global pandemic. Despite the negative financial outcomes they recorded, the regional airline predicts a return to profitability as soon as the impact of their strategic response, supported by government intervention, is realized and as soon as the effect of the pandemic is mitigated by vaccination rates and by a gradual return to COVID-19 normal operations.
Full Text Chapter Download: US $37.50 Add to Cart
eContent Pro Discount Banner
InfoSci OnDemandECP Editorial ServicesAGOSR