Economic impact of the coronavirus outbreak on aviation Spain March 2020

The spread of COVID-19 critically affected many of Spain's economic engines. In the case of the aviation industry,about 750 thousand professionals could potentially lose their jobs as a result of the crisis caused by the new coronavirus (SARS-CoV-2) according to the latest forecasts. In addition, it is estimated that the revenues of this sector will decrease by approximately 11 billion euros due to a decrease in traffic of around 100 million passengers.  

Estimated economic loss in the aviation industry as a result of the coronavirus (COVID-19) outbreak in Spain in March 2020

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Source

Release date

March 2020

Region

Spain

Survey time period

March 2020

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