The global aviation industry continues to recover slowly in the near future，The recovery speed of domestic passenger transport markets in many countries is significantly faster than that of the international market，Overall freight business revenue increased against the trend。IATA estimate，The aviation industry still has a long road to recovery，Passenger traffic will not return to 2019 levels until 2024 at the earliest。

According to the recent global aviation market analysis report released by the International Air Transport Association (IATA)，Global air passenger traffic in October 2020 dropped by 70% compared with the same period in 2019.6%，Compared to September 2020 72.The 2% year-on-year decrease continues to narrow。The recovery of domestic air transport in various countries is the main driving force for industry recovery。Industry insiders estimate，The promotion and use of the new crown vaccine will effectively enhance people’s travel confidence，The global aviation industry is expected to reduce losses in 2021，But we must completely get rid of the haze of the epidemic，There is still a long way to go。

188bet app

Brussels Airlines recently issued a statement saying，The airline’s flight bookings in December last year and January this year increased significantly compared with November 2019，This is a positive signal since Belgium’s second “lockdown” to contain the epidemic。Arnaud Feist, CEO of Brussels Airport, told this reporter，The airport had an average of 50 flights taking off every day in November last year，An average of 188bet app download 65 flights departing every day in December。

“The global aviation industry is slowly recovering from the epidemic，However, recovery situations vary from country to country，Some are fast and some are slow。” Alexandre de Juniac, Chairman and CEO of IATA, told this reporter，The epidemic prevention and control situation is the main factor affecting the aviation market of various countries。The Asia-Pacific aviation market, especially China’s domestic aviation market, is accelerating its recovery。

According to IATA report，European air passenger volume dropped by 77% year-on-year in October 2020.6%，The decrease in North America is 70.1%，The best performing region is Asia Pacific，61 year-on-year decrease.6%，The lowest in the world，Meaning that air passenger traffic in the Asia-Pacific region has recovered by nearly 40%。

The good performance of the aviation industry in the Asia-Pacific region is inseparable from China’s contribution。According to IATA statistics，October last year，China’s domestic air passenger volume has fully recovered to the level of the same period in 2019，It is one of the countries with the best recovery in the world。“China’s huge domestic market will allow the aviation industry to return to profitability by the end of 2020，China will also lead the global aviation industry in recovering from the impact of the epidemic。" Juniac said。

"In the global aviation industry map，The Chinese market has a vital position。” said Brian Pierce, IATA’s Chief Economist，China is the world’s second largest aviation market，China’s aviation market growth rate reached 7 in 2019.8%，Ranks first in the domestic aviation market growth rate of each country。

“Passenger-to-cargo conversion” has become a highlight of the aviation industry

IATA report display，Cargo business is a highlight of the international aviation industry in 2020。Freight revenue grows against 188bet sports betting app download the trend，From US2.4 billion in 2019 to US$117.7 billion in 2020，15% increase。About 50% of air cargo is transported by passenger aircraft。“The performance of freight transportation in 2020 is significantly better than that of passenger transportation，Although the cargo business cannot fill the gap caused by the sharp decline in air passenger revenue，But the proportion of airline revenue has increased significantly，Cargo revenue enables airlines to maintain their essential international network。" Juniac said。

To increase income，Many airlines have changed passenger cabin operations to cargo cabin operations。United Airlines’ first “passenger-to-cargo” charter flight operated by a passenger aircraft made its maiden flight at the end of March last year，Shanghai will be opened later、Chengdu、Passenger-to-cargo charter flight service from Beijing to and from the United States，Transporting urgently needed anti-epidemic materials。Lufthansa Group also tried the "passenger-to-cargo" logistics model for the first time in 2020，A subsidiary of Lufthansa、Austrian Airlines、Airlines such as Swiss International Air Lines and Brussels Airlines use this method，Execute Lufthansa Cargo's cargo shift business，The China-Europe route is the top priority。

The reporter learned from Lufthansa Cargo，Lufthansa Cargo’s performance in the Chinese market reached a new high in 2020，Estimated full-year operating income to increase by 200% year-on-year。Since December last year，Austrian Airlines launches 5 additional "passenger-to-cargo" flights per week on the route from Vienna to Shanghai，To meet Europe’s huge demand for importing anti-epidemic materials from China。The person in charge of Lufthansa Cargo said，China took the lead in controlling the epidemic，Be the first to resume work and production，Providing material support 188bet sports betting app download for global anti-epidemic and world economic recovery。Air transportation is the fastest way to international logistics，Get new development opportunities。

“When the epidemic strikes，We realized we needed to change our business model，The "customer-modified goods" service started very early。" said Tim Clark, President of Emirates Airlines，“Before the epidemic, we had 142 flight destinations around the world，Now serving 104 of these destinations，What is very different from before，Most of our current flights carry cargo。We are not in financial crisis because of this。”

Some insiders pointed out，Currently about 80% of cross-border e-commerce business requires air cargo。With the booming development of cross-border e-commerce business，Freight demand will increase day by day。The number of global passenger-to-cargo aircraft will increase by 36% in 2021，Reached 90，This number will be close to 110 by 2022。Based on Boeing’s latest forecast for October 2020，The total number of global cargo aircraft will exceed 2,400 by 2039，About 1,400 of them were converted from passenger aircraft。

The aviation industry will pick up further this year

IATA’s latest statistics show，Global airlines cut 45% in 2020.8% cost，Income still dropped by 60.9%，Total net loss was $118.5 billion。“The road to recovery for the global aviation industry is long and difficult。" Juniac said，The global aviation industry will pick up further in 2021，But it is still expected to lose US$38.7 billion。“The domestic market will recover faster than the international market，Major airlines will not turn a profit until at least the fourth quarter of 2021 in terms of cash flow，Passenger traffic will not return to 2019 levels until 2024 at the earliest。”

Financial support is the main reason many airlines stay afloat。"If it were not for the timely financial relief of US$173 billion from 188bet app download various governments，There will be more airline bankruptcies。”Juniac calls on governments to continue supporting airlines，Inject vitality into economic development。

Tim Robinson, editor-in-chief of Aviation magazine, a subsidiary of the Royal Aeronautical Society, wrote an article，All major airlines are now in "survival mode"，But this model cannot rely entirely on financial support，The business model should be adjusted in time according to the actual situation，Otherwise, it will be difficult to win in the new competitive landscape。Airlines need to pay more attention to the specific needs of different passengers，Refining product positioning through refined management，Even develop more income besides air tickets。

In the opinion of Pang Daoan, General Manager of Air France-KLM Greater China，The epidemic will cause a major reshuffle in the global aviation industry，Some vicious competition will be squeezed out of the market，The entire industry will be more market-oriented。Pang Daoan said，Currently，Air France-KLM is focusing on competitiveness、Launch restructuring plan in sustainability and other aspects，KLM will pay more attention to efficiency、More flexible、More sustainable business model adjustments；Air France will accelerate fleet modernization、Optimize Spend、Reorganize domestic business and other methods to enhance competitiveness。

“Airlines now have to think about more than just survival，We must also consider how to live well。" Clark said。

*Source of this article: People’s Daily, author: Ren Yan, original title:《Global aviation industry is slowly recovering (international perspective)》。