2020 saw the sharpest traffic decline in aviation history with demand (revenue passenger kilometers or RPKs) falling by 65.9% compared to 2019, according to the International Air Transport Association (IATA). International passenger demand in 2020 was 75.6% below 2019 levels. Capacity, measured in available seat kilometers, declined 68.1%. Domestic demand in 2020 was down 48.8% compared to 2019. Capacity contracted by 35.7%. In December last year, total traffic was 69.7% below the same month in 2019, a slight improvement from the 70.4% contraction in November. Capacity was down 56.7%. Bookings for future travel made in January 2021 were down 70% compared to a year-ago. IATA’s baseline forecast for 2021 is for a 50.4% improvement on 2020 demand that would bring the industry to 50.6% of 2019 levels. If more severe travel restrictions in response to new variants persist, demand improvement could be limited to just 13% over 2020 levels, leaving the industry at 38% of 2019 levels. “Last year was a catastrophe," said Alexandre de Juniac, IATA’s Director General and CEO. "There is no other way to describe it. What recovery there was over the Northern hemisphere summer season stalled in autumn and the situation turned dramatically worse over the year-end holiday season, as more severe travel restrictions were imposed in the face of new outbreaks and new strains of COVID-19.”
Embraer’s E-Freighter, the E190F, is fully certified by the European Union Aviation Safety Agency (EASA) and is therefore certified for…
ST Engineering has secured contracts with two major Middle Eastern operators for the maintenance, repair, and overhaul (MRO) of CFM56-7B…
Air New Zealand has become a member of the Association of Asia Pacific Airlines (AAPA), the organisation announced today. AAPA…
South Korea’s Hanwha Aerospace has finalised an agreement with Thailand’s Defence Technology Institute (DTI) and Chaiseri to develop the K200…
Indra has signed a contract with the National Procurement Office (BAAINBw) of the German Armed Forces (Bundeswehr) to provide the…
India’s biennial airshow is now central to the nation’s efforts to grow its defence industrial base. Speaking at the curtain…
India is eyeing defence export opportunities to Southeast Asia In 2024, India’s defence exports reached a historic milestone, surpassing INR…
The United States is showcasing a range of advanced aircraft at the ongoing Aero India, highlighting its growing defence partnership with…
Russia’s Sukhoi Su-57E fifth-generation fighter jet is making its maiden appearance at Aero India, as the Russian airframer vies for…
The European missile major, MBDA is eyeing further growth in the Indian market with its participation at the ongoing airshow.…
The Indian Navy which has transformed from a Buyer’s Navy to a Builder’s Navy with over 60 warships being constructed at Indian…
Saab is showcasing a Full Scale Replica (FSR) of its Gripen E along with a Gripen E cockpit simulator at…
Embraer has brought a KC-390 Millennium tactical transport aircraft to Aero India, highlighting its seriousness in meeting an Indian Air…
India’s biennial airshow Aero India is a showcase to New Delhi’s aspirations to emerge as an international Aerospace & Defence…
India’s state-owned airframer Hindustan Aeronautics Limited (HAL) is pushing ahead with its ambitious autonomous Combat Air Teaming System (CATS) programme.…
Israeli company Elbit Systems has been awarded a contract valued at approximately US$57 million to supply its PULS Rocket Launcher…
Israeli company Ottopia has developed a system that enables the effective remote control of vehicles used by armed forces. In…
Gogo|Satcom Direct has signed a Memorandum of Understanding (MoU) with Airbus to integrate its connectivity solutions into Airbus Corporate Jets…
The Republic of Singapore Navy (RSN) has deployed Maritime Security Unmanned Surface Vessels (MARSEC USVs) for operational patrols since January…
Eve Air Mobility is collaborating with PRS Aeroportos and VertiMob Infrastructure in the regulatory sandbox for vertiports, organized by the…
Turkish Airlines has signed a long-term agreement to implement CAE's Crew Management product and the Unified Task Board – a…
IFS will showcase its comprehensive suite of industry-specific solutions that are focused on driving aviation maintenance innovation and enhancing operational…
Embraer's organization-wide backlog reached US$26.3 billion in 4Q24. The value is the largest ever recorded by the company in its…
A European consortium led by "monodon by Navantia" has launched the OPTIMAS project to develop an advanced free-space optical communication…
EM&E Group, a Spanish defence and security technology company, has been awarded a contract to supply the Royal Thai Navy…
ThinKom Solutions and Boeing have successfully demonstrated integration of the ThinAir GT 2517 antenna with advanced modem hardware to deliver…
Aselsan has inaugurated a new office in Muscat, the capital of Oman, as part of its efforts to expand its…
Embraer Executive Jets has signed a purchase agreement with Flexjet for a fleet of business aircraft, including the Praetor 600,…
Lufthansa Group Airlines have introduced a new feature allowing passengers to share Apple AirTag location data to assist with baggage…
Assac Networks, a cybersecurity firm specialising in securing communication devices for government, defence, and commercial organisations, has secured a contract…
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