Analysis of the Impact of COVID-19 on the US Air Transport Industry

Junhan Lin

2025

Abstract

Public safety incidents can have widespread economic consequences, making it essential to assess their impact and recovery patterns. This study examines the effects of COVID-19 on the U.S. air transport industry, focusing on its post-pandemic recovery. Using time series analysis, a counterfactual forecast model based on the U.S. air transport producer price index (PPI) is constructed to estimate industry trends unaffected by the pandemic. The accuracy of the model is evaluated using mean absolute error (MAE) and R-squared indices, providing a comparative analysis against actual data. The results reveal a gradual return to pre-pandemic trends and offer insights into industry resilience. This study contributes to a broader understanding of economic recovery dynamics and provides a methodological approach applicable to similar disruptions in other sectors. Furthermore, the findings can inform policymakers and industry stakeholders in developing more effective strategies for mitigating the economic impact of future crises, enhancing the adaptability and sustainability of affected industries in the long run.

Paper Citation

in Harvard Style

Lin J. (2025). Analysis of the Impact of COVID-19 on the US Air Transport Industry. In Proceedings of the 2nd International Conference on Data Science and Engineering - Volume 1: ICDSE; ISBN 978-989-758-765-8, SciTePress, pages 385-391. DOI: 10.5220/0013698000004670

in Bibtex Style

@conference{icdse25,
author={Junhan Lin},
title={Analysis of the Impact of COVID-19 on the US Air Transport Industry},
booktitle={Proceedings of the 2nd International Conference on Data Science and Engineering - Volume 1: ICDSE},
year={2025},
pages={385-391},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0013698000004670},
isbn={978-989-758-765-8},
}

in EndNote Style

TY - CONF

JO - Proceedings of the 2nd International Conference on Data Science and Engineering - Volume 1: ICDSE
TI - Analysis of the Impact of COVID-19 on the US Air Transport Industry
SN - 978-989-758-765-8
AU - Lin J.
PY - 2025
SP - 385
EP - 391
DO - 10.5220/0013698000004670
PB - SciTePress