european airline industry analysis


Should Financial assessments reflect the performance of individual airlines?

    Current year or forward-looking industry 4th October 2021 financial assessments should not be taken as reflecting the performance of individual airlines, which can differ significantly. Sources: ICAO, IATA.

What is the future of European airlines?

    Airlines: A shifting business landscape. European airlines are facing challenges on several fronts—including shrinking operating margins, an ever more difficult yield environment, privatisation and consolidation. All of this is setting the stage for an uncertain future for airlines— privatised and state-owned alike.

Why is air transport important to global economic development?

    Air transport is key to global economic development. This wider economic benefit is underpinned by both the direct connections between cities - enabling the flow of goods, people, capital, technology and ideas - and falling air transport costs. COVID-19 has caused a significant loss in air connectivity.

What is the value of international trade shipped by air in 2022?

    We forecast that the value of international trade shipped by air this year will be $7.5 trillion, 15% higher compared to 2019, and it will rise by a further 7.2% in 2022. Tourists travelling by air in 2021 are forecast to spend $354 billion, 42% of the amount spent before the crisis.
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