The world aviation industry suffers Annus Horribilis | VIDEO
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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