ACI Europe revises coronavirus impact assessment, loss of more than 700 million passengers projected in Europe

    Airports Council International Europe (ACI Europe) revised (23-Mar-2020 ) its coronavirus impact assessment with the following forecasts:

    • A loss of more than 700 million passengers from pre coronavirus at Europe‘s airports in 2020  projections (-28%);
    • EUR14 billion in lost revenues for Europe‘s airport operators;
    • Massive losses to “other service providers at airports will inevitably incur”.

    The forecasts assume current coronavirus travel restrictions and flight bans are lifted “towards the end” of Apr-2020 and a gradual recovery in demand for air transport occurs. [more – original PR]