ICAO warns: there will be 1.2 billion fewer international passengers by the end of September 2020
Compared to "business-as-usual", by September 2020, the total number of international air passengers could decrease by 1.2 billion. The prints are made by the International Civil Aviation Organization (ICAO).
According to ICAO estimates, international air transport capacity could be reduced by up to 2/3 of what was forecast for the first three quarters of this year. This dramatic drop will also lead to a decrease in the revenues of airlines with amounts between 160 and 253 billion dollars for the period January-September.
1.2 billion fewer international passengers
Europe and Asia-Pacific will be hardest hit by declining capacity and revenue, followed by North America. Similarly, the most substantial reduction in passenger numbers is expected in Europe, especially during the peak summer season, followed by Asia-Pacific.
The UN Civil Aviation Agency (ICAO) has been providing regularly updated analyzes of the economic impact on air transport since early February 2020. The COVID-19 pandemic has left its mark on some of the world's largest industries. .