Coronavirus COVID-19 Impact
Given the devastating effect of Covid-19 on volumes of bookings in the travel industry T2RL are providing onging research into the impact on airlines and their vendors. |
For many companies the situation remains grave, but there are some strong signs of a robust recovery.
Specifically see the areas below that are being tracked.|
A summary of our analysis can be found in our latest paper Surviving and Recovering from Major Disruption.
Latest data on the extreme effect of worldwide airline traffic. Total volume changes for the top-50 airlines. Regional comparisons with previous year.
The top 50 carriers by passengers boarded have witnessed an estimated:
24% traffic decline in Q1 2020 (Jan - March) compared to Q1 2019
86% traffic decline in Q2 2020 (April - June) compared to Q2 2019
65% traffic decline in Q3 2020 (July - Sept) compared to Q3 2019
59% traffic decline in Q4 2020 (Oct - Dec) compared to Q4 2019
Reports and Analysis
Surviving and Recovering from Major Disruption - T2RL's Outlook
The second edition of T2RL's analysis on the market recovery for the airline industry during and after the COVID-19 pandemic. This report focuses on the general market for airline services, the effect this may have on airline distribution and the GDS market and the potential impact on technology changes including NDC and ONE Order.
As of 31st December 2020, more than 82 million confirmed Covid-19 cases have been reported globally. Many regions are still reporting surging numbers of new infections as part of a second and in some cases a third wave of the pandemic.18.6 million new cases were reported in December globally and 51 countries reported their highest number of cases during the last month of the year. - 31/12/2020
The United Kingdom has recorded more than 41 thousand Covid-19 cases in the last 24 hours creating a new daily record as a rapidly spreading variant of the coronavirus increases infection rates and the holiday weekend had an impact on the reporting of some new cases. - 29/12/2020
More than 80 million confirmed cases of Covid-19 have been reported worldwide since the pandemic began a year ago. Last week, an average of 580,000 new cases were registered every day. - 27/12/2020
17 countries globally have now reported more than 1 million Covid-19 cases. The most recent countries added to this list are Peru (the 5th Latin American country to surpass 1 million cases) and Ukraine. Worldwide Covid-19 infections have reached 79 milion and the death toll is 1.73 million deaths have been reported. - 24/12/2020
More than 40 countries around the world have closed their borders to travellers from the United Kingdom after detection of a new strain of Covid-19 which has spread quickly in London and south-east England. The new variant is believed to be up to 70% more infections than existing strains, but health officials say there is no evidence that it is more deadly or would react differently to vaccines. - 22/12/2020
According to India's DGCA, in November all Indian carriers transported 6.4 million domestic passengers - a 50.9% decline from the same period last year. India has now exceeded 10 million reported Covid-19 infections, however the pace of infections has slowed down from 98,000 daily cases reported in mid-September to an average of 30,000 daily infections reported in December. - 21/12/2020
2020 Impact on Airlines
4/11/2020 - American Airlines has cut close to 100,000 flights in December 2020 and will fly only 50% of its network for the month compared to the same period in 2019.
22/10/2020 - American Airlines reported a 64% passenger volumes drop and 73% oper ...more
Delta Air Lines
18/11/2020 - Delta Airlines will be the only US airline to block middle seats on its flights until March 2021.
13/10/2020 - Delta Airline reported a $2.6 billion pre tax loss in Q3 2020.
22/9/2020 - Delta Airlines has decided to postpone the f ...more
8/12/2020 - United Airlines has decided to cut many international routes and operate only 43% of their flight capacity in January 2021, compare to the same period in 2020.
11/11/2020 – United Airlines expects to operate 48% of its flight schedule ...more