Flight data from IBA’s InsightIQ aviation intelligence platform shows that from the end of June 2019 to the end of 2021, domestic flights have dropped below 80% of the total for the first time since last summer.
Whilst domestic travel still dominates industry recovery, this signals that international markets are finally beginning to recover from the challenges of the pandemic. It is clear, however, that international recovery will take longer than the domestic.
The latest data from IATA confirms positive RPK trends in domestic Russia and China, and we are seeing load factors in markets such as Latin America, North America and the Asia Pacific region gradually improving.
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Despite current aircraft utilisation falling far short of pre-pandemic levels, the industry is witnessing a modest boom in new airlines, with over 130 start-ups preparing for take-off in 2021 and 2022.
It goes without saying that Covid-19 has had a significant impact on the passenger demand for air travel. Since March, travel restrictions have been implemented for most of Europe due to government lockdowns and fears of spreading the virus. The following graphs outline the impact of Covid-19 on airline departures to Mainland Europe. Many airlines grounded their fleets as borders closed and lockdowns hampered the movement of passengers. As restrictions begin to ease a severely wounded aviation market is now beginning to recover.
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