European Aviation industry is concerned with the manufacturing and operations of all types of aircraft and related services during transportation. Factors that were driving the European aviation industry before the COVID-19 pandemic include increasing disposable income all across the globe, the introduction of low-fare airlines, increasing tourism in the European economies, among others. Moreover, the replacement of aging commercial aircraft has also contributed significantly to the market growth of aircraft manufacturers.

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Europe is the most affected region due to the COVID-19 pandemic. Spain and Italy have registered more than 100,000 cases related to COVID-19 till the tart of April 2020. Major factors affecting the aviation industry after the pandemic include the decline in tourism in the region due to government advisories and lockdown all across the globe. Besides, lockdown in the European countries to reduce the spread of the coronavirus causes reduced commercial activities results in a sharp downfall in cargo airline movement too.

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The European aviation industry report is segmented into passenger airlines, cargo airlines, aircraft manufacturing companies, airports managing companies, and catering & other service providing companies. Due to the COVID-19 pandemic, the passenger airline segment is expected to be the most affected segment in the region. Moreover, there is a possibility that airlines will cancel orders of new airplanes due to bad economic conditions which will affect the airplane manufacturing companies in the near future. Effect of COVID-19 on the aviation industry is witnessed in each country in the region including UK, Germany, Spain, Italy, France, and others. France and Italy will be among the most affected country as the number of international tourists are higher as compared to other countries in the region.

Impact on European Aviation industry due to COVID-19 Pandemic Segmentation

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

Regional Analysis

• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe

Companies Profile

• Air France–KLM S.A
• Airbus SE
• British Airways PLC
• Deutsche Lufthansa AG
• EasyJet PLC
• Finnair Oyj
• International Consolidated Airlines Group, S.A.
• Norwegian Air Shuttle ASA
• Qatar Airways Group
• Ryanair DAC
• SAS AB
• Swiss International Air Lines AG
• The Boeing Co
• The Emirates Group
• Turkish Airlines
• Virgin Atlantic Airways Ltd.

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