Impact on Global Aviation Industry due to COVID-19 Pandemic Growth, Size, Share, Industry Report and Forecast 2019-2025


Posted June 9, 2020 by mansi3210

Impact on Global Aviation Industry due to COVID-19 Pandemic, Deviation & Trends Analysis Report, Segmentation and Forecast 2019-2025
 
Global Aviation industry is concerned with the manufacturing and operations of all types of aircraft and related services during transportation. According to the World Bank Organization, in 2018, around 4.2 billion passengers were carried around all across the globe. Factors that were driving the aviation industry before the COVID-19 pandemic include increasing disposable income all across the globe, the introduction of low-fare airlines, increasing global economic activities, new travel trends, and many more. Moreover, replacement of aging commercial aircraft has also contributed significantly to the market growth.

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The key factors affecting the aviation industry after the pandemic include the decline in tours and travels as a large number of international as well as domestic flights are getting cancelled all across the globe to curb the transmission of the virus. The government all across the globe are cancelling the visa of foreign people and locking down affected area which is also one of the major reason behind the slowing down of the aviation industry.

A full Report of Impact on Global Aviation Industry due to COVID-19 Pandemic is Available at: https://www.omrglobal.com/industry-reports/aviation-industry-due-to-covid-19-pandemic

The global Aviation industry report is segmented into passenger airlines, cargo airlines, aircraft manufacturing companies, airports managing companies, and catering & other service providing companies. Out of which, passenger airline segment is expected to get affected most along with catering & other service providing companies. Cancellation of airplane order may also be witnessed in the near future by the airline companies affecting the airplane manufacturing companies.
Effect of COVID-19 on the aviation industry can be observed in each region including North America, Europe, Asia-Pacific and Rest of the World. For instance, in the US, since the national health emergency due to the COVID-19 outbreak, most of the region is on complete lockdown, which is in turn restricting the domestic travel in the country. Countries such as Italy, France, Spain, and India are under complete lockdown and all kinds of flights are stooped until further notice.

Global Aviation Industry due to COVID-19 Pandemic Segmentation

• Passenger Airlines
• Cargo Airlines
• Aircraft manufacturing companies
• Airports managing companies
• Catering & other service providing companies

Impact of COVID-19 on major economies

• North America
• United States
• Canada
• Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
• Asia-Pacific
• China
• India
• Japan
• Rest of Asia-Pacific
• Rest of the World

Companies Profile

• Qatar Airways Group
• The Emirates Group
• China Eastern Airlines Corp. Ltd.
• Deutsche Lufthansa AG
• The Boeing Co
• Airbus SE
• American Airlines Group Inc.
• Delta Air Lines, Inc.
• Japan Airlines Co., Ltd.
• Aena SME, S.A.
• United Airlines, Inc.
• Air France–KLM S.A

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Categories Business , Transportation , Travel
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Last Updated June 9, 2020