03 Feb 2021, 01:15GMT
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Airlines have been buffeted by the coronavirus pandemic, with lockdowns and travel restrictions reducing flights globally by an estimated 60% throughout 2020. Over December, when the holidays usually boost the industry, new variants of the virus and resultant travel bans saw passenger numbers down circa 80%.
Flight numbers plummeted 49% from 33.2 million in 2019 to 16.8 million in 2020, with the number of air travellers falling 67% and cancelling out more than 20 years of growth in the industry.
As of 1 February’s close, Delta Air Lines [DAL], the world’s largest airline by market capitalisation, was trading at $37.82. That’s 40.4% below its July 2019 all-time high of $63.44, having lost over 2.35% so far in 2021.
Sky-high ambitions. Will airport roofs see greater utilisation post-Covid?
Throughout 2020, we’ve seen the great efforts airlines have made to quickly adapt the passenger experience from check-in all the way through to onboard. However, airports across the world have also had to play a part in enhancing social distancing and help space out the flow of passengers throughout terminals and gate areas.
A recent shot from Lisbon airport in December 2020 during a TheDesignAir trip report, devoid of passengers
Luckily, both airports and airlines alike have benefited from the heavily reduced passenger numbers because of the decreased demand due to Coronavirus. As we start to enter a vaccinated world, and airlines look to increase their schedules, passenger numbers may indeed swell as demand returns, but what will that mean for passenger comfort and security?
The Eastern Iowa Airport saw the fewest total passengers in 2020 in at least 25 years as coronavirus wreaked havoc on the commercial aerospace industry.
The Netherlands Now Requires A Negative COVID Test Even For Transit Passengers simpleflying.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from simpleflying.com Daily Mail and Mail on Sunday newspapers.
January 12, 2021
In a 2019 opinion piece published in the New York Times, Salesforce CEO Marc Benioff called for a “new capitalism” and counseled business leaders to look at the facts: “Research shows that companies that embrace a broader mission and, importantly, integrate that purpose into their corporate culture outperform their peers, grow faster, and deliver higher profits,” he wrote.
Benioff ’s intentions are good, but there’s a problem with his advice: Facts rarely, if ever, influence the actions or priorities of a leader wired for a different reality. Data may help break through what one of our fellows called the “mud layer of middle management,” but it rarely resets the intentions of key decision makers.