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The world aviation industry suffers Annus Horribilis | VIDEO

Tanutam Thawan

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In the Asia-Pacific, where the affect of Covid-19 has been lower (at this stage), the passenger load was 30-40% down, compared to last year.

Overall, international flights for the latter part of 2020 are down 75% year on year.

The world’s aviation industry has been profoundly affected by the border closures and restrictions as a result of the Covid-19 pandemic this year.

Many airlines end the year in disarray, bleeding money with the majority of their fleet grounded and many of their older aircraft retired.

North American passenger flights dropped by 48% year on year, according to aviation analytics company Cirium.

In Latin America the figure was 46% down. These two regions did better than most.

Both Airbus and Boeing, the world’s two largest aircraft manufacturers, have announced huge losses as airlines cancel new aircraft purchases.

Boeing, suffering additional headaches from the grounding of its 737 Max model, has been the biggest loser out of the global aviation disruption, although the 737 Max jets are now being allowed to take to the world’s skies again.

 

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2 Comments

2 Comments

  1. Avatar

    Rasputin

    Thursday, December 31, 2020 at 5:22 pm

    It’s only to be expected considering the current worsening pandemic situation, and is unlikely to change anytime soon. Many of their former customers are now in a far worse financial situation than they were a year ago, and are not in a position to holiday. As for the Boeing 737 Max aircraft, in view of their history, I think I will leave it for 6-12 months before traveling on one, I’d rather travel on the trusted 747 Jumbo on which I’ve traveled the world over the last 30+ years.

  2. Avatar

    Toby Andrews

    Saturday, January 2, 2021 at 10:11 am

    The world airlines suffer Annus Horribilous? Does that mean they all have piles?

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