1.Due to frequent lockdowns and ongoing border restrictions, the global aviation industry is suffering massive losses. A leading airline carrier has requested you to suggest if they continue operating in a loss or shut down.

What are the factors you will consider before making a recommendation?

Explain your response using an appropriate diagram, considering that the government offers sufficient support to enable the firm to cover its 40% operating cost. Further, there are commercial opportunities related to essential travel and transportation of vaccines between different parts of the country.