The aviation industry witnessed the worst fortune in 2020 across the globe. ANTHONY AWUNOR x-rays the unusual development which led to the huge losses suffered by operators and other stakeholders in terms of money and business opportunities.
The International Air Transport Association (IATA) has released the IATA World Air Transport Statistics (WATS) publication with performance figures for 2020 demonstrating the devastating effects on global air transport during that year of the COVID-19 crisis.
The data shows that 1.8 billion passengers flew in 2020, a decrease of 60.2% compared to the 4.5 billion who flew in 2019. Industry-wide air travel demand (measured in Revenue Passenger-Kilometers, or RPKs) dropped by 65.9% year-on-year.
International passenger demand (RPKs) decreased by 75.6% compared to the preceding year. Also domestic air passenger demand (RPKs) dropped by 48.8 percent compared to 2019. Air connectivity declined by more than half in 2020 with the number of routes connecting airports falling dramatically at the outset of the crisis and was down more than 60 percent year-on-year in April 2020.
According to IATA, total industry passenger revenues fell by 69 percent to $189 billion in 2020, and net losses were $126.4 billion in total. So far, the decline in air passengers transported in 2020 was the largest recorded since global RPKs started being tracked around 1950.
Commenting, Willie Walsh, IATA’s Director General said “2020 was a year that we’d all like to forget. But analysing the performance statistics for the year reveals an amazing story of perseverance. At the depth of the crisis in April 2020, 66 percent of the world’s commercial air transport fleet was grounded as governments closed borders or imposed strict quarantines.
“A million jobs disappeared. And industry losses for the year totalled $126 billion. Many governments recognised aviation’s critical contributions and provided financial lifelines and other forms of support. But it was the rapid actions by airlines and the commitment of our people that saw the airline industry through the most difficult year in its history”.
Source: Civil Aviation Authority-Qatar