ICAO has confirmed that international passenger traffic fell 60% during 2020, bringing air travel totals back to 2003 levels. ICAO data shows that seat capacity fell by 50% last year, with just 1.8 billion passengers compared to 4.5 billion in 2019. ICAO predicts airline financial losses of $370 billion resulting from the impact of COVID-19, with airports and air navigation services providers (ANSPs) losing a further 115 billion and 13 billion, respectively. The pandemic plunge in air travel demand began in January of 2020, but was limited to only a few countries. As the virus continued its global spread, however, air
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