After a dismal summer season, the International Air Transport Association (IATA) has downgraded its traffic forecast for 2020 to reflect a weaker-than-expected recovery. IATA now expects full-year 2020 traffic to be down 66% compared to 2019. The previous estimate was for a 63% decline. August passenger demand continued to be hugely depressed against normal levels, with revenue passenger kilometres (RPKs) down 75.3% compared to August 2019. This was only slightly improved compared to the 79.5% annual contraction in July. Domestic markets continued to outperform international markets in terms of recovery, although most remained substantially down on a year ago. August

This content is restricted to site members.

If you are an existing user, please login below.
New users may register below.

Existing Users Log In