Asia Pacific and Middle East airports could see revenues drop by $36.4 billion
The two regions are both predicted to lose two billion passengers, which is 400 million more passengers than previously forecasted.
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The two regions are both predicted to lose two billion passengers, which is 400 million more passengers than previously forecasted.
IATA reviews the passenger demand figures during the month of March, summarising the decline to be the largest in recent history.
As the COVID-19 pandemic continues to impact the UK, the UK government's Transport Committee has asked for public input on the impact of the virus on the transportation sector.
Gatwick Airport experienced an overall increase of 0.3 per cent in passenger traffic in 2019, which has now been heavily impacted by the COVID-19 pandemic.
As people become less inclined to travel as a result of the COVID-19 pandemic, ICAO estimates outline a drop of as much as two-thirds in passenger traffic by the end of Q3 in 2020.
ACI's report outlines a globally profitable aviation industry prior to the COVID-19 pandemic, highlighting the importance of a stable and healthy sector.
As a result of a fall in passenger demand due to the COVID-19 pandemic, Amsterdam Airport Schiphol has identified opportunities to complete maintenance and construction work sooner than originally scheduled.
With survey results suggesting a slow recovery for air travel demand, IATA has called for governments to implement confidence-boosting measures for travellers.
In regard to government aid during the COVID-19 crisis, Ilia Lioutov – Senior Manager of Economics and Policy at ACI World, says it would be very short-sighted to support only one actor in aviation. Airports have an equal role to play in the prospective recovery.
ACI World has recommended six focused policy responses that should be implemented in order to support the airport industry's recovery post-COVID-19 pandemic.
Within International Airport Review's exclusive CEO series, Ulla Lettijeff, Director of Helsinki Airport, discusses the importance of a sustainable aviation industry, and how the airport is working to become emission free.
As part of International Airport Review's exclusive coronavirus roundtable, representatives from ACI Asia-Pacific, the Airport Operators Association, the Australian Airports Association and Tidal Basin discuss the impacts of COVID-19 on aviation, and what is being done by the sector in order to further prevent the spread of the virus.
As the COVID-19 crisis continues to impact the aviation industry, IATA analysis has outlined a fall of over 50 per cent in passenger revenues as a result.
The AOA, Airlines UK and the ADS Group have released a joint statement calling for the UK government to amend its COVID-19 aviation business support measures.
As part of International Airport Review’s exclusive CEO series, San Francisco International Airport’s Director, Ivar Satero, emphasises the importance of an airport’s local community and the significance of sustainability.