ICAO: COVID-19 could cut international travel by 1.5 billion passengers in 2020

    ICAO issued (30-Apr-2020) its 2020 air passenger forecast, projecting international air travel could decline by 1.5 billion travellers. In parallel, international seat capacity could drop by almost three-quarters, resulting in a USD273 billion loss compared to previously expected gross operating revenues. Key regional highlights include:

    • Europe:
      • Capacity: -40% to -74%;
      • Passenger: -419 to -731 million;
      • Revenue: –USD57 to –USD101 billion;
    • North America:
      • Capacity: -33% to -65%;
      • Passenger: -65 to -120 million;
      • Revenue: –USD17 to –USD32 billion;
    • Middle East:
      • Capacity: -37% to -70%;
      • Passenger: -66 to -119 million;
      • Revenue: –USD12 to –USD22 billion;
    • Africa:
      • Capacity: -39% to -72%;
      • Passenger: -34 to -61 million;
      • Revenue: –USD7 to –USD13 billion;
    • Latin America & the Caribbean:
      • Capacity: -34% to -65%;
      • Passenger: -50 to -90 million;
      • Revenue: –USD10 to –USD18 billion;
    • Asia Pacific:
      • Capacity: -39% to -71% year-on-year;
      • Passenger: -238 to -420 million;
      • Revenue: –USD50 to –USD88 billion. [more – original PR]