Epidemiological factors:
The current epidemic has led to unprecedented changes in the international situation and the world. Under the influence of the epidemic, international flights from many countries were grounded, and the pause button was pressed for many business contacts. For some people who want to travel, in the face of this epidemic, many people have given up the idea of traveling.
It is precisely because of the impact of the epidemic that many flights are basically absent, and some tourists are even in a state of no tourists. The plane has stopped and needs maintenance, and some employees have to be paid. Therefore, because of the impact of the epidemic, no passengers traveled, which brought certain losses to these airlines.
Factors of rising oil prices:
The rise in crude oil has also caused some losses to these airlines. Although people will have this fuel surcharge when buying air tickets, compared with the oil price gap of airlines adding oil once, this fuel surcharge can't make up for the deficit caused by this oil price increase.
Before the outbreak, the oil price was about 5-1 liter of 6 yuan. After the outbreak, the oil price rose to 8 yuan, even to 10 yuan liter. The rise in crude oil has made airlines pay more flight costs for this, which is naturally not conducive to airline profits.
Exchange rate impact:
In fact, the influence of exchange rate cannot be ignored. Some airlines are still opening international flights and will still fly to other countries for business exchanges. However, if the exchange rate is unstable or even devalued, airlines will have to bear the consequences.
For example, the depreciation of the dollar, the depreciation of the euro and the bankruptcy of Sri Lanka have actually brought losses to these airlines. For example, if 1 USD is exchanged for 6 yuan RMB, it can make money, but if the exchange rate drops 1 USD, it can only be exchanged for 4 RMB or 3 yuan RMB, and the airline will lose money.