COVID-19: Traffic and Economic Forecast for Europe's airports

A Traffic Loss That Sets us Back 25 Years

The unprecedent shock and resulting decline in traffic in 2020 means that European air traffic has fallen below the level last reached in 1995 – while airports remain dimensioned for 2019 levels of traffic.

European Airport Traffic 1995 2020 JAN21

 

Q4 2021: 47% & FY: 60% (vs. 2019)

Full Year 2021 Traffic Forecast Updates:

  • October 2020 Forecast: -48%
  • Revised in January 2021 to -52%
  • Revised in April 2021 to -64%
  • Revised in September 2021 to -60%

 

FY 2021 by Quarter: 

  • Q1: -81%
  • Q2: -74%
  • Q3: -45%
  • Q4: -47%

 

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 - 1.5 billion passengers lost in 2021

 

FY 2022: -32% (vs. 2019)

Full Year 2022 Traffic Forecast:

  • High (optimistic): -20%
  • Base scenario: -32%
  • Low (pessimistic): -39%

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-788 million passengers lost in 2022

 

Full Recovery (still) not Before 2025Picture4

For more information, download the fleshed out forecasting available below.