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September 10, 2025Journal of Accounting Research Organization and EconomicsOpen Access

The Impact of the Covid-19 Pandemic on the Airline Firm’s Financial Performance: Evidence of Asean Countries

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Authors

MKMaulana KamalAMArini Geubri Maghfirah

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Overview

Analysis reveals negative effects of COVID-19 on airline financial performance across ASEAN nations, suggesting uneven recovery.

Key Points

  • The COVID-19 pandemic negatively affected the financial performance of airlines in ASEAN countries.
  • Airlines in Malaysia and Singapore displayed improved financial performance, contrasting with counterparts in other countries.
  • Using multiple linear regression analyses, the study focused on publicly available financial reports from 2019 to 2021.
  • Findings highlight the uneven financial stability impacts due to the pandemic across different ASEAN nations.

Cite This Study

Kamal et al. (2025) studied this question.

synapsesocial.com/papers/68c1a13354b1d3bfb60dc5b4https://doi.org/10.24815/jaroe.v8i1.40533
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Also Consider

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  1. 1The Impact of Vaccination, Infection and Fatality Rate on ASEAN Air Transport Industry in the Pandemic Period2024
  2. 2Analysis of the Impact of the Covid-19 Pandemic on Financial Performance2024
  3. 3Analysis of Investor Reactions Comparison to Covid-19 Developments in ASEAN Capital Market2024
  4. 4Exploring the Determinants of Financial Distress in ASEAN-5 Firms During the COVID-19 Pandemic2025 · 1 citations
  5. 5Financial Repercussions of the Pandemic Shock in OECD Countries: An Analysis of the Airline and Healthcare Industries2025 · 1 citations