COVID-19
Airline industry cash burn now expected to
continue through 2021
24th February 2021
1
Bookings indicate a weak H1, before any vaccine boost
Bookings for future travel declining after mid-year rise in domestic travel
Global bookings (inc. refunds), millions per week 25
20
Millionsperweek
15
10
-5 Jan-20
5
0
Mar-20
May-20
Jul-20
Sep-20
Nov-20
Jan-21
Bookings for critical summer period remain weak
Pre-crisis only 7% summer travel booked by now, but still a concern
Bookings (million)
200
Cumulative global bookings for July-August travel
180
160
140
120
100
80
60
40
20
0
Jul
AugSepOctNovDec Jan
Purchase monthFebMarAprMayJun
New COVID-19 cases remain high in most regions
New variants have meant virus control much harder than expected
000s
2500
2000
1500
1000
500
0
Asia
Source: IATA Economics using data from European Centre for Disease Control
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IATA - International Air Transport Association published this content on 24 February 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 February 2021 13:12:01 UTC.
