ISSN 2394-5125
 

Research Article 


COVID-19 IMPACTS ON STOCK RETURN OUTLOOKS OF STOCK EXCHANGE LISTED AVIATION TRANSPORT COMPANIES IN INDIA

Dr.R.Amuthan.

Abstract
Air Travel Industry is one of Industries in India which meet with unprecedented financial losses
ever since the introduction of Goods and Service Tax, additional exercise duty on Air Turbine fuel etc. Now this
COVID-19 Pandemic is certainly a final nail in their coffins. Without leaving anything for a chance, all the five
listed Airlines Companies have been meeting with unprecedented losses on account of dent in their demands to
Asia from the rest of the world. Even before the declaration of pandemic by World Health Organization, all most
all flights to China were cancelled and their locations in Asia as well on account of Coronavirus related fears
among air travel passengers. Less than a week, this industry happened to see a huge virus spread to Europe
followed by The America and Africa. This incident led this industry to receive catastrophe losses and all their
price reduction strategies and Discounts etc., became ill-conceived. Adding fuel to flames is that they do not hear
any kind of bail out packages so far from the Government as good as U.S.Airlines.U.S. Administration had
passed a stimulus bill which includes $58 billion in aid for Airlines.-29 billion in Pay roll grants for workers and
$29 billion in loans for the airlines.As per the estimate of International Air Transport (IATA), there will be $314
billion losses due to this COVID-19 outbreak.

Key words: COVID-19 Pandemic, Stock Gains, Mean Performance, Pair Sample T-Test


 
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How to Cite this Article
Pubmed Style

Dr.R.Amuthan. COVID-19 IMPACTS ON STOCK RETURN OUTLOOKS OF STOCK EXCHANGE LISTED AVIATION TRANSPORT COMPANIES IN INDIA. JCR. 2020; 7(17): 1155-1160. doi:10.31838/jcr.07.17.146


Web Style

Dr.R.Amuthan. COVID-19 IMPACTS ON STOCK RETURN OUTLOOKS OF STOCK EXCHANGE LISTED AVIATION TRANSPORT COMPANIES IN INDIA. http://www.jcreview.com/?mno=26244 [Access: June 01, 2021]. doi:10.31838/jcr.07.17.146


AMA (American Medical Association) Style

Dr.R.Amuthan. COVID-19 IMPACTS ON STOCK RETURN OUTLOOKS OF STOCK EXCHANGE LISTED AVIATION TRANSPORT COMPANIES IN INDIA. JCR. 2020; 7(17): 1155-1160. doi:10.31838/jcr.07.17.146



Vancouver/ICMJE Style

Dr.R.Amuthan. COVID-19 IMPACTS ON STOCK RETURN OUTLOOKS OF STOCK EXCHANGE LISTED AVIATION TRANSPORT COMPANIES IN INDIA. JCR. (2020), [cited June 01, 2021]; 7(17): 1155-1160. doi:10.31838/jcr.07.17.146



Harvard Style

Dr.R.Amuthan (2020) COVID-19 IMPACTS ON STOCK RETURN OUTLOOKS OF STOCK EXCHANGE LISTED AVIATION TRANSPORT COMPANIES IN INDIA. JCR, 7 (17), 1155-1160. doi:10.31838/jcr.07.17.146



Turabian Style

Dr.R.Amuthan. 2020. COVID-19 IMPACTS ON STOCK RETURN OUTLOOKS OF STOCK EXCHANGE LISTED AVIATION TRANSPORT COMPANIES IN INDIA. Journal of Critical Reviews, 7 (17), 1155-1160. doi:10.31838/jcr.07.17.146



Chicago Style

Dr.R.Amuthan. "COVID-19 IMPACTS ON STOCK RETURN OUTLOOKS OF STOCK EXCHANGE LISTED AVIATION TRANSPORT COMPANIES IN INDIA." Journal of Critical Reviews 7 (2020), 1155-1160. doi:10.31838/jcr.07.17.146



MLA (The Modern Language Association) Style

Dr.R.Amuthan. "COVID-19 IMPACTS ON STOCK RETURN OUTLOOKS OF STOCK EXCHANGE LISTED AVIATION TRANSPORT COMPANIES IN INDIA." Journal of Critical Reviews 7.17 (2020), 1155-1160. Print. doi:10.31838/jcr.07.17.146



APA (American Psychological Association) Style

Dr.R.Amuthan (2020) COVID-19 IMPACTS ON STOCK RETURN OUTLOOKS OF STOCK EXCHANGE LISTED AVIATION TRANSPORT COMPANIES IN INDIA. Journal of Critical Reviews, 7 (17), 1155-1160. doi:10.31838/jcr.07.17.146