Released 3rd June 2020
Key points from our latest report:
Industry-wide revenue passenger kilometres (RPKs) shrank by 94.3% year-on-year in April, the largest contraction in recent history amidst large scale lockdowns linked to COVID-19. The decline was broad-based across all regions.
April’s outcome might represent the lowest point in the crisis. More countries have been easing their lockdowns throughout May and some airlines announced plans to partially resume their operations.
Industry-wide available seat kilometres (ASKs) plummeted by 87% year-on-year in April. With demand declining faster than capacity, industry-wide passenger load factor fell by 46.6ppts compared to a year ago.