Impact of Coronavirus Epidemic on Aviation

Impact of Coronavirus Epidemic on Aviation

Nowadays, the coronavirus global epidemic creates serious impact in our sector, the airline companies started to make plans for the post-epidemic. Some reports to lighten the way are published by IATA.

While impact of the epidemic on aviation takes a part in the first report, the second report states the costs of air travel will increase as the restrictions disappear.

Let’s summarize the featured information;

  • Worldwide flights decreased by 80% at the beginning of April
  • According to the reports, loss of income can be more than twice the economic crisis in 2008-2010
  • In 2020, it is expected that total number of passengers will decrease by 50% at least
  • Due to the social distancing rule if the middle seats are left empty, the maximum occupancy rate may be around 62%
  • In order to meet the cost of 62% occupancy, prices may need to be increased by 43-54%