Revenue loss in the aviation industry due to the coronavirus by scenarios 2020-2021

Published by Statista Research Department, Nov 21, 2023
In the fourth quarter of 2022, it is estimated that airlines worldwide will have a revenue of 51.5 billion U.S. dollars in an accelerated U- and L-shaped scenario.

For further information about the coronavirus (COVID-19) pandemic, please visit our dedicated Fact and Figures page.

Airline revenue due to coronavirus (COVID-19) from Q1 2020 to Q4 2021, by scenario (in billion U.S. dollars)*

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Source

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Release date

March 2022

Region

Worldwide

Survey time period

Q1 2020 to Q4 2021

Supplementary notes

* The source defines the following scenarios:
Scenario 1 - "Nike swoosh- and W-shaped":
Path 1: smooth capacity recovery with demand picking up but a slow rate growth;
Path 1a: smooth capacity recovery but then turning back down due to over-capacity.
Scenario 2 - "U- and L-shaped":
Path 2: accelerated recovery;
Path 2a: slow recovery and sluggish demand.

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