The Air Transport of Bulgaria in the Conditions of Crisis
Donka Zhelyazkova ()
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Donka Zhelyazkova: University of Economics - Varna, Varna, Bulgaria
Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series, 2022, vol. 11, issue 2, 236-242
Abstract:
The present study traces the impact of changes in the environment on Bulgaria's air transport, which is particularly vulnerable in times of crisis. This transport sector is viewed through the prism of the health crisis that has accompanied humanity for the past more than two years, and in the future air transport will continue to be directly affected by the unfavorable political situation in Ukraine and the sanctions imposed on and by the Russian Federation. In this connection, the purpose of development was formulated, namely to follow the development of air transport in Bulgaria in the conditions of crisis and to outline the vision for its future development. Air transport is expected to gradually recover, but the forecasts are moderately optimistic given the volatile environment and expectations of an impending economic crisis, caused mainly by a noticeable rise in fuel prices.
Keywords: air transport; passengers; cargo; crisis; Bulgaria. (search for similar items in EconPapers)
JEL-codes: L90 N70 O18 (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:vra:journl:v:11:y:2022:i:2:p:236-242
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