The outbreak of the COVID-19 pandemic has taken a severe toll on the global civil aviation industry, which has had to confront considerable revenue losses over the past year. The industry is poised for a gradual recovery and is expected to reach USD 1.09 trillion by 2028, registering a CAGR of 8.9% from 2021 to 2028. Airline operators took a drastic hit as several governments across the world imposed restrictions on the movement of people as part of the efforts to arrest the spread of coronavirus and people preferred keeping travel-related activities at bay owing to concerns over the risk of contraction of the disease. The demand for air travel continued to plummet as a result.
The initial response to the outbreak of the pandemic was limited to prohibiting travelers from China. However, with the rapid spread of coronavirus across the world, several governments went on to impose travel bans. The World Health Organization (WHO) coordinated with various governments to issue a global health advisory and urged people across the globe to avoid all travel activities. The subsequent dramatic decline in air passenger traffic following such containment measures poses a severe threat to numerous incumbents of the aviation industry.
At this juncture, airline operators are focusing aggressively on reviving themselves amid the challenging situation. Airlines are also focusing on regaining passengers' trust by ensuring sanitized cabins and guaranteeing touchless travel. At the same time, several governments worldwide are instilling cash in the aviation industry. Numerous airlines in the U.S. and the Gulf have already become solvent, even with reduced revenue inflows, leveraging the support they received from their respective governments.
COVID-19 Impact On Civil Aviation Industry, Report Highlights
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The initial response to the outbreak of the pandemic was limited to prohibiting travelers from China. However, with the rapid spread of coronavirus across the world, several governments went on to impose travel bans. The World Health Organization (WHO) coordinated with various governments to issue a global health advisory and urged people across the globe to avoid all travel activities. The subsequent dramatic decline in air passenger traffic following such containment measures poses a severe threat to numerous incumbents of the aviation industry.
At this juncture, airline operators are focusing aggressively on reviving themselves amid the challenging situation. Airlines are also focusing on regaining passengers' trust by ensuring sanitized cabins and guaranteeing touchless travel. At the same time, several governments worldwide are instilling cash in the aviation industry. Numerous airlines in the U.S. and the Gulf have already become solvent, even with reduced revenue inflows, leveraging the support they received from their respective governments.
COVID-19 Impact On Civil Aviation Industry, Report Highlights
- Both domestic and international air passenger traffic plummeted approximately 60% over the year in 2020. However, domestic air travel is recovering ahead of international air travel as various governments are easing the restrictions on the movement of people and permitting domestic air travel
- Airlines are putting a strong emphasis on enhancing the traveling experience by implementing solutions based on the latest technologies, such as thermal scanning, biometric scanning, and UV ray disinfection
- Asia Pacific is expected to recover faster than other regional markets. The level of consumer confidence among passengers in the region has been improving as a result of the efforts being pursued by the governments in the region to contain the spread of coronavirus
- Operators, including American Airlines, Alaska Airlines, and South West Airlines, are adopting unique marketing plans to attract passengers as part of the efforts to augment the revenues
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Table of Contents
Chapter 1. Methodology and Scope1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased database
1.3.2. internal database
1.3.3. Secondary sources & third-party perspectives
1.3.4. Primary research
1.4. Information Analysis
1.4.1. Data analysis models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Market Outlook
Chapter 3. Market Variables, Trends & Scope
3.1. Business Segment Trends
3.1.1. Regional business analysis
3.2. Pre-pandemic Market Situation
3.3. Impact on Airlines Seat Capacity
3.4. Impact on Aircraft Delivery
3.5. Impact on Airport Revenue
3.6. Impact on Domestic and International Routes
3.7. Role of Government Bodies
3.8. Civil Aviation - SWOT Analysis
3.9. Penetration & Growth Prospect Mapping
3.10. Business Environmental Analysis Tools
3.10.1. Porter’s five forces analysis
3.10.1.1. Supplier power
3.10.1.2. Buyer power
3.10.1.3. Substitute threat
3.10.1.4. Threat from new entrants
3.10.1.5. Competitive rivalry
3.10.2. PEST analysis
Chapter 4. Competitive Landscape
4.1. Strategic Initiatives and Outcome Analysis
Chapter 5. Covid-19 Impact on Civil Aviation Industry: Regional Estimates & Trend Analysis
5.1. Market Size & Forecasts and Trend Analysis, 2018 to 2028
5.2. Regional Movement Analysis & Market Share, 2020 & 2028 for the following:
5.2.1. North America
5.2.1.1. U.S.
5.2.1.2. Canada
5.2.2. Europe
5.2.2.1. U.K.
5.2.2.2. Germany
5.2.3. Asia Pacific
5.2.3.1. China
5.2.3.2. Japan
5.2.4. Latin America
5.2.4.1. Brazil
5.2.4.2. Mexico
5.2.5. MEAList of Tables
Table 1 COVID-19 impact on civil aviation industry size estimates & forecasts, 2018 - 2028 (USD Billion)
Table 2 COVID-19 impact on civil aviation industry size, by region, 2018 - 2028 (USD Billion)
Table 3 North America COVID-19 impact on civil aviation industry (USD Billion)
Table 4 U.S. COVID-19 impact on civil aviation industry (USD Billion)
Table 5 Canada COVID-19 impact on civil aviation industry (USD Billion)
Table 6 Europe COVID-19 impact on civil aviation industry (USD Billion)
Table 7 U.K. COVID-19 impact on civil aviation industry (USD Billion)
Table 8 Germany COVID-19 impact on civil aviation industry (USD Billion)
Table 9 Asia Pacific COVID-19 impact on civil aviation industry (USD Billion)
Table 10 China COVID-19 impact on civil aviation industry (USD Billion)
Table 11 Japan COVID-19 impact on civil aviation industry (USD Billion)
Table 12 Latin America COVID-19 impact on civil aviation industry (USD Billion)
Table 13 Brazil COVID-19 impact on civil aviation industry (USD Billion)
Table 14 Mexico COVID-19 impact on civil aviation industry (USD Billion)
Table 15 MEA COVID-19 impact on civil aviation industry (USD Billion)
List of Figures
FIG.1 Market segmentation & scope
FIG 2 Information procurement
FIG 3 Primary research pattern
FIG 4 Primary research process
FIG 5 Market formulation and data visualization
FIG 6 Industry snapshot
FIG 7 Pre-pandemic Market Situation
FIG 8 Impact on Airlines Seat Capacity
FIG 9 Impact on Aircraft Delivery
FIG 10 Impact on Airport Revenue
FIG 11 Impact on Domestic and International Routes
FIG 12 Role of Government Bodies
FIG 13 SWOT Analysis
FIG 14 Penetration & growth prospect mapping
FIG 15 Industry analysis - Porter’s
FIG 16 PEST analysis
FIG 17 Regional movement analysis & market share, 2020 & 2028
FIG 18 North America COVID-19 impact on civil aviation industry, by country, 2020 & 2028 (USD Billion)
FIG 19 Europe COVID-19 impact on civil aviation industry, by country, 2020 & 2028 (USD Billion)
FIG 20 Asia Pacific COVID-19 impact on civil aviation industry, by country, 2020 & 2028 (USD Billion)
FIG 21 Latin America COVID-19 impact on civil aviation industry, by country, 2020 & 2028 (USD Billion)
FIG 22 MEA COVID-19 impact on civil aviation industry, 2020 & 2028 (USD Billion)
Methodology
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