COVID-19 Battered the Aviation Industry, Is the US Prepared if it Happens Again?
Monday, March 18, 2024
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COVID-19 Battered the Aviation Industry, Is the US Prepared if it Happens Again?
U.S. commercial airline traffic dropped 96% during peak pandemic times. In response, the federal government (the taxpayers) provided $132 billion in financial assistance to the industry and related businesses. Today, the industry has largely rebounded. But what happens next time? Are there any lessons we can learn to avoid some of the challenges seen during COVID? GAO’s Heather Krause discusses our new report on lessons learned from the pandemic.