These 4 charts show the crisis faced by airlines – and the possible way ahead

These 4 charts show the crisis faced by airlines – and the possible way ahead

COVID-19 has grounded airlines all over the world. These four charts show the industry's main challenges now and in the near future.

Quarantines, economic recession and health fears are likely to continue to weigh on passenger numbers.

Record losses have already forced governments to step in - but continued support may be tied to conditions around financial soundness and environmental sustainability.



The COVID-19 crisis has grounded airlines and halted air travel all over the world, with economic consequences that are rippling far beyond the sector. Here are four charts that show the main challenges faced by airlines right now - and the dramatic changes we could see in this vital industry.

Airlines are facing record losses, not just this year

Airlines around the world are expected to lose a record $84 billion in 2020, more than three times the loss made during in the Global Financial Crisis, according to the International Air Transport Association (IATA).

The global economic recession and travellers' fear of catching the virus are likely to continue to weigh on passenger numbers, even as travel restrictions are starting to ease. Business travel is also expected to remain sluggish, with companies noticing the cost-saving impact of video meetings and online conferences.