{"id":105805,"date":"2021-02-03T19:33:55","date_gmt":"2021-02-03T19:33:55","guid":{"rendered":"https:\/?p=105805"},"modified":"2021-02-03T19:34:22","modified_gmt":"2021-02-03T19:34:22","slug":"air-travel-plummets-66-in-2020-the-largest-drop-in-aviation-history","status":"publish","type":"post","link":"https:\/\/aviacionaldia.com\/en\/2021\/02\/air-travel-plummets-66-in-2020-the-largest-drop-in-aviation-history.html","title":{"rendered":"Air travel plummets 66% in 2020, the largest drop in aviation history."},"content":{"rendered":"\n

Air travel demand plummeted 65.9% in 2020 compared to 2019, marking the largest decline in passenger traffic in aviation history, according to the International Air Transport Association (IATA).<\/p>\n\n\n\n

See also:<\/strong> IATA: Airlines need additional $80 billion to survive.<\/a><\/em><\/p>\n\n\n\n

The largest decline was recorded in international passenger demand, which was 75.6% lower in 2020 than 2019 levels, while capacity, (measured in available seat-kilometers) declined 68.1% and load factor fell 19.2 percentage points to 62.8%, EuropaPress reviewed.<\/p>\n\n\n\n

Meanwhile, domestic demand in 2020 was down 48.8% compared to 2019, while capacity contracted 35.7% and load factor fell 17 percentage points to 66.6%.<\/p>\n\n\n\n

Total traffic in December 2020 was 69.7% lower than in the same month of 2019, little improving on November’s 70.4% contraction.<\/p>\n\n\n\n

See also: <\/em><\/strong>IATA will start implementing the Travel Pass from March.<\/em><\/a><\/p>\n\n\n\n

As for bookings for future travel made in January 2021, they were down 70% year-over-year, putting further pressure on airlines and “potentially” impacting the timing of the expected recovery.<\/p>\n\n\n\n

IATA’s baseline forecast for 2021 is for a 50.4% improvement over 2020 demand, which would put the industry at 50.6% of 2019 levels.<\/p>\n\n\n\n

While this view holds, there is a serious downside risk if tighter travel restrictions persist in response to new variants. Should such a scenario materialize, demand improvement could be limited to just 13% above 2020 levels, leaving the industry at 38% of 2019 levels.<\/p>\n\n\n\n

“Last year was a catastrophe. There is no other way to describe it. What recovery there was during the northern hemisphere summer season stalled in the fall and the situation worsened dramatically during the year-end vacation season as tighter travel restrictions were imposed in the face of new outbreaks and new strains of Covid-19,” explained IATA CEO Alexandre de Juniac.<\/p>\n\n\n\n

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