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Effects of Novel Coronavirus
(COVID-19) on Civil Aviation:Economic Impact Analysis
Montréal, Canada
27January 2023
Economic Development -Air Transport Bureau
Contents
Executive Summary:
Economic Impact in Brief
Scenario Building
Analytical consideration
Shapes of Economic
Recession and Recovery
Indicative Scenarios and
Paths Forward
22020/2021 Results and 2022
Estimates: Global
2020/2021 Results and 2022
Estimates: Regional
Breakdown
Africa
Asia/Pacific
Europe
Latin America/Caribbean
Middle East
North America
Executive Summary: Economic Impact in Brief
32022 figures and estimates herein are subject to changes, and will be updated
with the situation evolving and more information available. Source: ICAO Air Transport Reporting Form A and A-S plus ICAO estimates.World passenger traffic collapses with
unprecedented decline in history 4World passenger traffic evolution
1945 -2022
2021 vs. 2019-49%
2020 vs. 2019-60%
2022 vs. 2019-28% to -29%
Decline in world total passengers
The COVID-19 impact on world scheduled passenger traffic for year 2020 (actual results), compared to 2019 levels: Overall reduction of 50% of seats offered by airlines Overall reduction of 2,703 million passengers (-60%) Approx. USD 372 billion lossof gross passenger operating revenues of airlines 5Year 2020/2021 results:
World total passenger traffic
The COVID-19 impact on world scheduled passenger traffic for year 2021 (preliminary estimates), compared to 2019 levels: Overall reduction of 40% of seats offered by airlines Overall reduction of 2,201 million passengers (-49%) Approx. USD 324 billion lossof gross passenger operating revenues of airlines 0 50100
150
200
250
300
350
400
450
Passenger Numbers (million)
InternationalDomestic2019 total
Moderate recovery in domestic travel
while international travel remained stagnantSource: ICAO estimates
Monthly passenger numbers in 2020-21-22 vs. 2019
6Regional difference in resilience and
speed of recoveryComparison of total seat capacity by region
(7-day average, compared to 2019)Source: ICAO ADS-B7
-100% -80% -60% -40% -20% 0% 20% 40%Africa
Asia/Pacific
Europe
Latin America/Caribbean
Middle East
North America
-100% -80% -60% -40% -20% 0%Jan 20Mar 20May 20Jul 20Sep 20Nov 20Jan 21Mar 21May 21Jul 21Sep 21Nov 21Jan 22Mar 22May 22Jul 22Sep 22Nov 22
Scenarios for passenger number
Actual
Scenario 1
Scenario 1a
Scenario 2
Scenario 2a
Reference
-100% -80% -60% -40% -20% 0%Jan 20Mar 20May 20Jul 20Sep 20Nov 20Jan 21Mar 21May 21Jul 21Sep 21Nov 21Jan 22Mar 22May 22Jul 22Sep 22Nov 22
Scenarios for passenger seat capacity
Actual
Scenario 1
Scenario 1a
Scenario 2
Scenario 2a
Reference
8Year 2022 outlook:
Due to uncertainty, consider 4 different paths
The actual impacts will depend on duration and magnitude of the outbreak and containment measures, the degree of consumer confidence for air travel, and economic conditions, etc. -80% -70% -60% -50% -40% -30% -20% -10% 0%Jan 21Feb 21Mar 21Apr 21May 21Jun 21Jul 21Aug 21Sep 21Oct 21Nov 21Dec 21Jan 22Feb 22Mar 22Apr 22May 22Jun 22Jul 22Aug 22Sep 22Oct 22Nov 22Dec 22