Southwest Airlines reports first loss in 48 years
The last time Southwest Airlines posted an annual loss was 1972, when it was a small upstart airline flying a handful of planes on Texas-only routes. Since then, it has grown to become the nation’s fourth largest airline, reporting 47 consecutive profitable years while its largest rivals flew into and out of bankruptcy during the […]
Air Travel to Reactivate Between Puerto Rico and International Destinations
The designated executive director of the Puerto Rico Tourism Co. (PRTC), Carlos Mercado Santiago, provided an update on the gradual recovery of air traffic in Puerto Rico, highlighting important advances in the reactivation of routes between the island and main destinations in Latin America, Europe, and the Caribbean. «The recovery and strengthening of air access […]
ACI Europe: Airports can no longer count on air traffic growth
Europe’s airports will have to adapt to a “new normal” that does not take for granted ongoing traffic growth. Airports should focus on improving sustainability, boosting efficiency and connectivity through better use of technology and data, and taking a new approach to revenue generation, industry group ACI Europe said. “Our airport economic model has been […]
September Offers No Relief to Passenger Downturn
The International Air Transport Association (IATA) announced that passenger demand in September remained highly depressed. Total demand (measured in revenue passenger kilometers or RPKs) was 72.8% below September 2019 levels (only slightly improved over the 75.2% year-to-year decline recorded in August). Capacity was down 63% compared to a year ago and load factor fell 21.8 […]
Heathrow repeats urgent call for testing regime
The UK must introduce a testing on arrival regime if it wishes to maintain a leading position in global aviation, Heathrow chief executive John Holland-Kaye has argued. Echoing concerns from the International Air Transport Association earlier, he argued the country was already suffering. “Britain’s economic recovery is falling behind,” he said. “Heathrow’s traffic figures for […]
ACI World data shows dramatic impact of COVID-19 on airports
Airports Council International (ACI) World data has revealed that global passenger traffic declined by an unprecedented -94.4% year-over-year in April as a result of the unfolding COVID-19 pandemic. This followed an already dramatic drop of -55.9% in March, representing the worst decline of global passenger numbers in the history of the aviation industry. Global passenger […]
ACI World data reveals the turning point of the COVID-19 pandemic
Airports Council International (ACI) World reports that global passenger traffic declined by -55.9% year-over-year by the end of March as a result of the unfolding COVID-19 pandemic. This followed a drop of -10.7% in February. Global passenger traffic experienced an overall drop of -22.7% for the first quarter of 2020. The 12-month rolling average for […]
After April Passenger Demand Trough, First Signals of Uptick
The International Air Transport Association (IATA) announced that demand for air services is beginning to recover after hitting bottom in April. Passenger demand in April (measured in revenue passenger kilometers or RPKs), plunged 94.3% compared to April 2019, as the COVID-19-related travel restrictions virtually shut down domestic and international air travel. This is a rate […]
Predicted global impact of COVID-19 on airport industry escalates: ACI
Airports Council International (ACI) World has released updated modelling that shows the worsening economic impact on the global airport industry. The forecasts of prolonged – and more widespread – impacts and effects of the COVID-19 pandemic have resulted in worsening predictions for traffic and revenue losses for airports across all regions. ACI World now estimates […]
ACI’s global traffic data reveals growing impact of COVID-19
Airports Council International (ACI) World reports that global passenger traffic declined by -10.7% in February, down from a figure of +1.9% in January, driven by the impact of the COVID-19 outbreak in the Asia-Pacific region. ACI collects and analyses data from a significant sample of airports that provide regular reports on month-by-month passenger and air […]
