The first effects of the coronavirus on aviation

coronavirus effects aviation travel tourism 2020

✈️ Exclusive Benefits for Readers

Verified codes to save on your next trip.

5% OFF
Travel insurance

International insurance to travel around the world.

NARENAS
5% OFF
Discount on chips

International e-sim for travel around the world.

NARENAS
5% OFF
Car rental

Rent your car with a discount everywhere.

NARENAS

OACI made a preliminary forecast of the economic effects on aviation due to the coronavirus outbreak or COVID-19 in international air connectivity.

ICAO – International Civil Aviation Organization reports that currently some 70 Airlines All international flights to and from China have been cancelled. continental, and what others 50 airlines restricted related air operations. As a result, was reduced by 80% the ability of foreign airlines to carry passengers on direct trips to and from China and on 40%, the capacity of Chinese airlines.

Before the outbreak, airlines expected for the first quarter of 2020 an increase of 9% in capacity on international routes to and from China with respect to 2019.

Effects of coronavirus on aviation

Preliminary ICAO estimates indicate that, instead, in the first quarter of 2020, There has been an overall reduction of between 39% and a 41% in passenger transport capacity, that is, a reduction of between 16,4 and 19,6 million passengers compared to airline projections. This equates to a potential loss of 4 a 5 US$1 billion in gross operating revenue for airlines worldwide.

These estimates do not include potential impacts due to reductions in international air cargo movements on cargo-only aircraft or in airport activity., air navigation service providers, domestic air traffic in China, international air traffic to and from the Hong Kong and Macao Special Administrative Regions of China or the Province of Taiwan.

Regarding the main impacts on tourism in the first quarter of 2020 due to the reduction in travelers from China, ICAO estimates that Japan could lose 1.290 million US dollars of revenue in its tourism industry, followed by Thailand, what would I lose 1.150 million US dollars.

The agency also indicated that the impacts of the COVID-19 outbreak are expected to be greater than those of the SARS epidemic in 2003, considering a higher volume of flights are being canceled affecting more regions of the world. The seasonal passenger load factor is another aggravating factor, as well as the fact that, from 2003, China's international air traffic has doubled and its domestic air traffic has quintupled.

The ICAO stressed that these are preliminary figures and forecasts that have not yet taken into account more exhaustive evaluations of the direct and indirect economic impacts of COVID-19 that will eventually be determined..

Latin America

The travel and tourism industry has established itself as an important driver of economies, representing
the 15.5% of the GDP of the Caribbean and the 9.3% of Latin America and generating the 13.5% of jobs in the Caribbean and the 8.2% in Latin America, according to WTTC data. It is an industry of extreme relevance for the
economic wellness, social and political of the region and therefore we see with great concern the growing impact
What COVID-19 has on the entire air transport value chain, in the passengers, the tourism sector and,
finally, in a potential financial destabilization of the nations of the region.

Latin America still does not show in figures the impact of the coronavirus, except for some affected routes to Europe and
Asia. Nevertheless, estimates presented by IATA calculate that in 2020 global passenger traffic
will reduce between 11% and 19% and the passenger transport industry will have losses between 63 billion and 113
billion dollars in revenue, having yet to confirm the losses in cargo transportation.

✈️ Exclusive Benefits for Readers

Search here for hotels ALL over the world at the best price.

Leave a comment on this post!

1 comment on “The first effects of the coronavirus on aviation”

  1. Luis Octavio Lopez Mendoza

    It is important to highlight security measures at airports and on airplanes to avoid infections , I would also like to mention that since VOC lives in the throat, you should sip water and gargle with vinegar.,hydrogen peroxide,diluted bicarbonate or with benzydamine sol ,to eliminate the virus I am a chemist specializing in sterile areas