Author(s): Worakamol Wisetsri
COVID-19 has created a pandemic situation all over the world. Main sectors like construction, aviation, retail have been greatly affected by the wave of COVID-19. The study is mainly emphasized on the aviation industry and suggests the loss that has been created by the COVID-19. In this study, socio-economic models are developed to plan effective strategies for recovering the loss of COVID-19. The model will be efficient to build loyalty programs for the employees that will result in decreasing the rate of employee turnover. Sectors like aviation that provide a bulk number of jobs have closed their recruitment process due to the post effect of COVID-19. The business of air transport has totally shut down due to the lockdown situation of COVID-19. After the lockdown, passengers are not using public transport frequently. Thus, it results in huge losses for the aviation companies. The study uses a qualitative method through which the data has been collected to analyse the study and develop the model. Works on previous research suggest that there is a demand for an effective model on the aviation industry for building a significant stand on the international market. The model will also cover the socio- cultural aspects that can affect the aviation industry.