Scientific paper ID 2078 : 2021/3
THE TRANSPORT INDUSTRY IN THE CONTEXT OF A PANDEMIC: FINANCIAL ASPECTS
Lyudmila Prigoda1, Madina Alikaeva2, Zoran Cekerevac3
The global transport and logistics system turned out to be one of the most affected areas as a result of the COVID-19 pandemic. The negative consequences are based on various factors: the closure of state borders, the introduction of restrictions on the movement of people and goods, the disruption of supply chains, a decrease in demand and purchasing power. The combination of these factors affected all types of transport – from the use of personal and public transport in cities to the implementation of passenger and cargo transportation both within and between countries.
The scale of the negative consequences depends on the type of transport and the integration of the state into the global transport and logistics system. During the pandemic, 90% of flights were canceled in the EU countries, there was a decrease in passenger traffic by passenger cars by 60-90%, and by public transport by 50%. By the end of 2020, the global volume of cargo transportation decreased by 36%, and the losses of Russian transport companies amounted to 230 billion rubles.
Today, the countries are at a transitional stage: in the transport sector, there is an adaptation to the updated conditions of activity and a gradual recovery after the crisis. Nevertheless, there are still several risks. The expectation of the third wave of the pandemic, the increase in the number of COVID-19 cases in some regions of the world, the partial restoration of previously lifted restrictions, and other factors create further uncertainty regarding global transport and logistics systems. At the same time, the uncertainty concerns not only the timing of a return to pre-crisis indicators but also the future image of the transport sector in the post-coronavirus world.
транспортна индустрия пандемия финансова подкрепа криза транспортни и логистични системиtransport industry pandemic financial support crisis transport and logistics systemsLyudmila Prigoda Madina Alikaeva Zoran Cekerevac
 Analytical division of the InfraONE Group of companies. Official website https://infraone-research.ru
 Federal State Statistics Service. Official website https://rosstat.gov.ru
 The Accounting Chamber of the Russian Federation. Digest ”Transport sphere in the context of COVID-19”. https://ach.gov.ru/upload/pdf/Covid-19-tran...
 Prigoda, L. (2013, 07 15). Russia in the modernization: Financial aspect. (Z. Čekerevac, Ed.) FBIM Transactions, 1(2), 21-26. doi:10.12709/fbim.01.01.02.02