Empty sky over the world – passenger air transport in the first weeks of the 2020 pandemic
Empty sky over the world – passenger air transport in the first weeks of the 2020 pandemic

Summary/Abstract: The development of the SARS-CoV-2 virus epidemic and the associated restrictions on mobility have affected many sectors of the economy, but one of the first to suffer especially was passenger air transport. None of the previous crises in the aviation industry had been so significant and so global. At the beginning of April 2020, air passenger traffic decreased by around 70% globally and by around 90% in Europe compared to 2019. At some European airports, very few air operations were carried out, or they were even completely suspended. The loss of revenues by entities from the aviation sector caused their significant financial problems, which cannot be solved without external support. After lifting the travel restrictions, a reduction in demand for travel by air can be expected. Most likely, the carrier market will consolidate, and the connection network will be reduced, which may aggravate the problems of some already unprofitable airports.

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