Over the last few months, the aviation industry has experienced its single biggest shock in its history. The International Civil Aviation Organisation estimates an overall reduction of up to 2,915 million passengers for 2020 when compared to the originally planned, base line business as usual.
IATA estimates that Government support for the global airline sector sits at around USD $123bn. Aviation recovery is expected to take between 3 and 5 years and is generally expected to lag economic recovery.
As industry scrambles to slow the USD $61bn per quarter cash haemorrhage, ICAO this week adopted new COVID-19 aviation recovery guidelines to reconnect the world. “Take Off” is the industry plan to get back to work, restore confidence and rebuild the industry, and the industry wants governments and industry to urgently implement these measures.
Airports can view their guidelines here. As we start rebuilding the industry together, it is important to both maximise the safety of our people and passengers and rebuild community confidence in the safety of flying. ICAO's guidelines provide a way for the global industry to unite and “sing from the same song book”. Clarity and consistency of message and approach will be vital in rebuilding confidence and ensuring that passengers both feel safe and are safe when they again take to the skies.
If your airport needs help navigating the business, network and practical impacts of COVID-19, get in touch. We can help with strategy to rebuild network and passenger numbers and help identify options to right size the business and plan for strong recovery and growth post COVID-19.