Covid-19 Impact on tourism economy Air Passenger Numbers in Europe Expected to Drop by 60% in 2020, Says IATA by GTP editing team 13 August 2020 written by GTP editing team 13 August 2020 0 comments Share 0FacebookTwitterLinkedinWhatsappEmail 18 Air passenger numbers in Europe are forecast to fall by around 60 percent in 2020, due to the impact of the coronavirus (Covid-19) pandemic, the International Air Transport Association (IATA) said on Thursday. The 60 percent drop will represent some 705 million passenger journeys. According to IATA, although the European market has seen an increase in the number of flights in recent months, supported by the reopening of borders between countries of the Schengen area and the non-Schengen EU states, flights are still more than 50 percent below the same period in 2019. “The near-term outlook for recovery in Europe remains highly uncertain with respect to the second wave of the pandemic and the broader global economic impact it could have,” IATA said. The reduction in 2020 passenger traffic in France, the United Kingdom and Germany is estimated at 65 percent; in Spain and Italy at 63 percent; and in Greece and Austria at 61 percent. The European country expected to receive the biggest blow is Norway with the passenger impact projected at 79 percent. Impact of Covid-19 on European Aviation (August 2020) Latest research from IATA shows that the impacts on the European aviation industry and on economies caused by the shutdown of air traffic due to the COVID-19 pandemic have worsened over recent weeks. The table above lists the latest economic impact figures for selected European states. Note: the sum of the passenger and revenue impacts in this table are not additive. They include the impacts from all carriers irrespective of airline registration region. The association also underlined that the negative impact of Covid-19 on employment has increased, as air travel is not recovering as originally hoped. IATA sees more than 7 million jobs supported by aviation (including tourism) in Europe at risk (up from around 6 million estimated in June). “Passenger demand in Europe is expected to recover gradually and will not reach 2019 levels until 2024,” IATA said, noting that continued support for the industry is needed. IATA Regional Vice President for Europe Rafael Schvartzman said that it is “absolutely crucial” that the European Commission issues an unambiguous statement on their intention to provide a full winter-season slot use waiver immediately. “It is baffling that the Commission continues to sit on its hands over the summer, while each day of delay becomes more critical for the future viability of a robust and competitive aviation industry,” said Schvartzman. Join the 15,000+ travel executives who read our newsletter Follow GTP Headlines on Google News to keep up to date with all the latest on tourism and travel in Greece. Share 0 FacebookTwitterLinkedinWhatsappEmail GTP editing team This is the team byline for GTP. The copyrights for these articles are owned by GTP. They may not be redistributed without the permission of the owner. previous post Greece: Aviation Directives for Flights from 12 Countries next post Travelport Extends Content and Merchandising Agreement with Air New Zealand You may also like Greece’s Hotel Market Sees Major Investments Over Four Months 5 February 2025 Greek Tourism Ministry Monitors Santorini Situation as Seismic Activity Continues 5 February 2025 Global Air Passenger Demand Reaches Record High in 2024, IATA Reports 5 February 2025 Greek PM Reassures Public About Santorini’s Ongoing Seismic Activity 5 February 2025 Milos: Ministry Suspends 5-star Hotel Construction Near Sarakiniko Beach 5 February 2025 ELIME and HELMEPA Join Forces for Safer, More Sustainable Greek Ports 5 February 2025 Leave a Comment Cancel Reply Save my name, email, and website in this browser for the next time I comment. Δ