GITNUX MARKETDATA REPORT 2024
Airplane Business Impact Statistics
Air travel restrictions and decreased demand due to the COVID-19 pandemic have significantly impacted the aviation industry with estimates of global airline revenue losses exceeding $300 billion.
In this post, we will explore the significant impact of the aviation industry on the global economy, highlighting key statistics that shed light on the scope and challenges faced by the airplane business. From the rapid growth in passenger numbers to the unforeseen setbacks caused by the COVID-19 pandemic, these statistics offer valuable insights into the complexities of the airline industry. Let’s dive into the numbers that paint a comprehensive picture of this dynamic sector.
Statistic 1
"As of 2018, the aviation industry supported 65.5 million jobs worldwide."
Statistic 2
"Globally, airlines carried 4.4 billion passengers in 2018, an increase of 6.9% over the previous year."
Statistic 3
"In 2020, the passenger numbers worldwide almost halved from close to 8.9 billion in 2019 to 4.5 billion due to COVID-19."
Statistic 4
"By 2030, Boeing expects demand for 43,110 commercial aircraft worth $6.8 trillion."
Statistic 5
"In 2019, airlines worldwide incurred fuel expenses of around 188 billion U.S. dollars."
Statistic 6
"In 2020, due to COVID-19, passenger airline revenues worldwide fell by 73% compared to 2019."
Statistic 7
"European airspace is the third busiest in the world after North America and Asia. It sees more than 33,000 flights per day."
Statistic 8
"The Asia-Pacific air travel market is the largest in the world."
Statistic 9
"The scheduled passenger yield in the U.S. reduced from 14.71 cents in 2000 to 10.63 cents in 2019."
Statistic 10
"From October 2019 to January 2020 U.S. airports served 331 million passengers."
Statistic 11
"Air transportation in Canada contributed with $35 billion to the country's GDP in 2018."
Statistic 12
"Indian airlines carried 144.11 million passengers domestically in 2020."
Statistic 13
"The Middle East's aviation industry supports over 2.4 million jobs."
Statistic 14
"Latin America's airline industry contributes $176 billion to the region's economy."
Statistic 15
"In 2019, Africa’s airlines traffic rose 4.9%."
Statistic 16
"In 2020, Brazil's domestic passenger traffic reached almost 45.8 million, down by 50.1 percent compared to the previous year."
Statistic 17
"39% of fuel consumption in the global airline industry is attributable to flights of over 1,600 kilometres, for which currently there are no practical alternatives to kerosene."
