IATA: Aviation sector continues to deteriorate

iata aviation sector continues to deteriorate

The International Air Transport Association (IATA) has found that passenger traffic fell in February, both compared to pre-Covid-19 levels in February 2019, and to the immediate month prior, January this year.

Because comparisons between 2021 and 2020 monthly results are distorted by the extraordinary impact of Covid-19, unless otherwise noted all comparisons are to February 2019, which followed a normal demand pattern.

Total demand for air travel in February 2021 (measured in revenue passenger kilometres or RPKs) was down 75 per cent compared to February 2019.

That was worse than the 72 per cent decline recorded in January this year versus two years ago.

International passenger demand in February was 89 per cent below February 2019, a further drop from the 86 per cent year-to-year decline recorded in January and the worst growth outcome since July 2020.

Performance in all regions worsened compared to January 2021.

Total domestic demand was down 51 per cent versus pre-crisis (February 2019) levels.

In January it was down 48 per cent on the 2019 period.

This largely was owing to weakness in China travel, driven by government requests that citizens stay at home during the Lunar New Year travel period…

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