According to the International Air Transport Association (IATA) in 2020 demand (revenue passenger kilometers or RPKs) fell by 65.9% compared to 2019, which is by far the sharpest traffic decline in aviation history. Furthermore, forward bookings have been falling sharply since late December. International passenger demand in 2020 was 75.6% below 2019 levels. Capacity, (measured […]
Tag Archives: worst
29
Jan
Jan
Global tourism suffered its worst year on record in 2020, with international arrivals dropping by 74 per cent when compared to 2019 according to the latest data from the United Nations World Tourism Organisation (UNWTO). Destinations worldwide welcomed one billion fewer international arrivals in 2020 than in the previous year, due to an unprecedented fall […]
16
Jan
Jan
Almost half a trillion drop in revenue for the air transport industry, at least 43 commercial airlines gone bankrupt globally by October, close to 5 lakh jobs lost in the airlines segment — the year 2020, by various metrics, has been the worst year in the history of aviation as stakeholders across the spectrum struggled […]