American Airlines and Southwest Airlines have record annual losses, because when the COVID-19 epidemic comes in 2020, it will cause great danger to the world aviation industry. Due to the impact of the epidemic, many countries have taken measures to block their own countries, resulting in the cancellation of international flights. The cancellation of international flights is disastrous for many airlines, because once the cancellation of international flights occurs, the profits of airlines will be further compressed. When the epidemic is serious in 2020, domestic aviation is not optimistic. Therefore, under the dual pressure of domestic and foreign aviation, the aviation industry has suffered great losses. So far, people are still in a wait-and-see attitude towards flying, so the losses of airlines will further expand. Only when the worldwide epidemic situation is gradually controlled can the aviation industry regain its vitality.

This is because people usually travel by plane, and compared with business travel, aviation will occupy a relatively large proportion in the way of travel. However, due to the epidemic, many people canceled their travel plans, which also led to a sharp drop in the number of people flying. Because the plane is a closed space, if a passenger may have COVID-19 on the plane, it is a great threat to the whole plane. Therefore, people will choose to use other modes of travel instead of flying, and even reduce unnecessary travel as much as possible. COVID-19 directly led to a series of industries such as tourism and aviation, which caused great losses. Only by controlling the epidemic can these industries gradually recover.

In many countries in the world, due to the different efforts to control the epidemic, the epidemic situation is also different. Therefore, while some countries have basically controlled the epidemic, another country is still in a state of rampant epidemic. Therefore, the recovery of international flights still needs to wait for the basic control of various countries, and the epidemic can gradually turn losses into profits. Many countries that basically control the epidemic situation will also adopt a national closure to avoid the important impact of overseas imports. This is also a major reason why many airlines will suffer huge losses in 2020.

At present, major airlines are promoting sales to improve the inventory attendance rate, while minimizing unnecessary flights to reduce costs. Generally speaking, the loss of the aviation industry in 2020 is inevitable. We can only reduce the losses as much as possible, do a good job in the prevention and control of the epidemic, and try our best not to let the epidemic spread.