Effects of Novel Corona Virus Covid-19 on Civil Aviation
The latest estimates indicate that the possible COVID-19 impact on world scheduled passenger traffic compared to Baseline (business as usual, originally-planned) would be
For 2020 (Entire Year)
– Overall reduction ranging from 45% to 50% of seats offered by airlines
– Overall reduction of 2,565 to 2,860 million passengers
– Approx. USD 346 to 385 billion potential loss of gross passenger operating revenues of airlines
Q1 2021 (Jan – Mar)
– Overall reduction ranging from 19% to 38% of seats offered by airlines
– Overall reduction of 301 to 567 million passengers
– Approx. USD 45 to 81 billion potential loss of gross passenger operating revenues of airlines. he actual impacts will depend on the duration and magnitude of the outbreak and containment measures, the degree of consumer confidence for air travel, and economic conditions.
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