A landmark survey of Australia’s business confidence during the coronavirus crisis will show that 61 per cent of those working in aviation have seen their hours reduced – significantly more than any other industry questioned.
It will also reveal how younger workers in the sector are disproportionately struggling with their mental health.
The ongoing survey, commissioned by Australian Aviation’s sister company Momentum Intelligence, has so far sought the opinions of more than 6,000 professionals working across accounting, aviation, defence, financial services, law, mortgage and finance broking, and real estate.
Already, more than 900 in the aviation industries have given their views, with the first instalment of results to be published later this week.
The headline findings, however, will show that 61 per cent in the aviation sector have seen their hours reduced already, compared with just 22 per cent in accounting, 21 per cent in defence and 22 per cent in financial services.
The COVID-19 Business Confidence Survey is designed to serve as a continually updated barometer of how businesses, and working Australians, are adapting to the changed working and social environment throughout the pandemic.
This will enable us to map attitudes, confidence and business activities as they evolve by market sectors, revealing which industries and professions are adapting most effectively to the “new normal”.
The survey also reveals a worrying trend of those younger disproportionately suffering with their mental health.
Just 60 per cent of those aged in their 20s said they were in positive mental health, compared with 87 per cent of those aged 70+.
The survey also sought to go beyond numbers to find out the thoughts and feelings of those affected by the crisis, with many stood down workers talking of the reality of trying to survive.
“I’m a stood down Virgin Australia Cabin Crew team member,” said one. “I worked full-time crewing long-haul flights on the 777. I’m also a casual grade 3 flight instructor in the GA sector. Both roles have been reduced to zero hours a month.”
“The governments support package to the industry was non-existent,” said another respondent. “Waiving landing charges, air service charges and taxes when they closed state borders and all but grounded airlines, is about as useful as flogging a dead horse.”
The full results will be published later this week.