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First, poor management.
Longjiang Airlines has three A320 aircraft and two A32 1 aircraft, all of which are short-haul routes, with limited operational capacity and capacity. The promoter of the company is not a professional civil aviation background and lacks industry experience. In the past few years, the business situation is not good, and there is a big gap between its popularity and influence and Chunqiu and Okay, which are also private airlines. Second, industry barriers and high technical requirements.
Civil aviation is an industry that requires high resources and scale. The cost of buying a civil airliner is also quite high, and flight and maintenance personnel are also highly skilled positions, which are difficult to recruit. Therefore, it is really difficult for small and medium-sized airlines to enter this industry and gain a foothold. Third, the impact of the COVID-19 epidemic.
The outbreak of COVID-19 epidemic has made the civil aviation industry worse. In the first half of the severe epidemic, many routes were grounded and resumed in time, and the number of passengers was much less than in previous years. Basically they lose money every day. It is very normal for small companies to survive the epidemic, be auctioned or merged and reorganized. Do you have any good ideas about the auction of Longjiang Airlines, poor management, the particularity of the industry and the influence of COVID-19? Welcome to discuss them in the comments section.
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