COVID-19: ACI World says pandemic shutdown will cost airports US$97 billion in lost revenue

Traffic in 2019 grew 1.7% at world’s busiest airports, but 2020 outlook remains bleak

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COVID-19: ACI WorldThe world’s major trade group for airports, Airports Council International (ACI) World, said Monday (19 May) that the global COVID-19 pandemic has brought airports around the globe to a virtual standstill, resulting in airport traffic and revenue losses across all regions. ACI World now estimates a reduction of more than 4.6 billion passengers and more than US$97 billion in revenue for 2020. The group said 2019 data showed passenger traffic at the world’s top 20 busiest airports grew by 1.7 percent with more than 1.5 billion passengers passing through the terminals with the top 20 representing 17 percent of global passenger traffic.

COVID-19: ACI World
A screenshot of the Johns Hopkins University COVID-19 tracking site taken on 20 May. To access the live site, click on the image. (PHOTO: Matt Driskill)

The combined 2019 and 2020 data shows the dramatic decline in air travel in the first quarter of 2020. In the top five, Beijing Airport notably experienced a 62.6 percent decline in passenger traffic but large decreases were also recorded across other top 20 airports in Asia-Pacific as the COVID-19 outbreak began to take hold in that region.


Download ACI World’s economic impact assessment
of COVID-19 on airports here.


COVID-19: ACI World
Angela Gittens, director general of ACI World. (PHOTO: ACI World)

“ACI data shows that the outbreak of COVID-19 had a dramatic and immediate impact on the world’s airports and the wider aviation ecosystem,” ACI World Director General Angela Gittens said. “From a period of sustained passenger traffic growth in 2019, the industry is now in survival mode, crippled by the loss of passenger traffic and revenues. This year will pose major and unprecedented challenges for the industry as the impacts of travel restrictions and lockdown measures introduced in response to the pandemic remain an existential threat to the aviation industry unless governments can provide appropriate relief and assistance. Airports are critical in the air transport ecosystem which is a key driver of local, regional and national economies. Financial relief and assistance is urgently needed.”

As for cargo, against a global economic backdrop that remained quite challenging, air cargo volume experienced a decline of 3.9 percent at the world’s top 20 airports as they handled a combined 48 million metric tonnes of cargo. Hong Kong International Airport remains the largest air cargo hub, handling 4.8 million metric tonnes of cargo in 2019, but it experienced a decline in volume of 6.1 percent compared to 2018. Memphis Airport was in second place and Shanghai Airport came in third. All three experienced considerable declines in the first quarter of 2020 while Louisville Airport and Incheon in South Korea recorded growth in cargo during the first stages of the COVID-19 outbreak.

Aircraft movements grew by 1.5 percent in 2019 for the top 20 airports. Chicago O’Hare remained the busiest airport in the world for aircraft movements, with Atlanta-Hartsfield-Jackson Airport coming in a close second. Both saw movements decrease in the first quarter of 2020.

COVID-19: ACI WorldDownload the latest issue of Asian Aviation here.


For Editorial Inquiries Contact:
Editor Matt Driskill at matt.driskill@asianaviation.com
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Head of Sales Kay Rolland at kay.rolland@asianaviation.com


 

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Matthew Driskill
Matt Driskill is the Editor of Asian Aviation. He has been an Asia-based journalist and content producer since 1990 for outlets including Reuters and the International Herald Tribune/New York Times and is a former president of the Foreign Correspondents Club of Hong Kong. He appears on international broadcast outlets like Al Jazeera, CNA and the BBC and has taught journalism at Hong Kong University and American University of Paris. In 2022 Driskill received the "Outstanding Achievement Award" from the Aerospace Media Awards Asia organisation for his editorials and in 2024 received a "Special Recognition for Editorial Perspectives" award from the same organisation. Driskill has received awards from the Associated Press for Investigative Reporting and Business Writing and in 1989 was named the John J. McCloy Fellow by the Graduate School of Journalism at Columbia University in New York where he earned his Master's Degree. 马特·德里斯基尔(Matt Driskill)是《亚洲航空》(Asian Aviation)的主编。他自1990年起,担任驻亚洲的记者和内容制作人,曾为路透社、国际先驱论坛报/纽约时报等媒体工作,并曾任香港外国记者协会会长。他也曾多次在半岛电视台、新加坡广播公司(CNA)和BBC等国际媒体担任嘉宾,并在香港大学和巴黎美国大学教授新闻学。2022年,德里斯基尔因其评论获得了航空媒体奖(Aerospace Media Awards Asia)颁发的“杰出成就奖”,2024年又因其编辑观点获得同一组织颁发的“特别表彰”。他曾获得美联社的调查报道和商务写作奖,并于1989年被纽约哥伦比亚大学研究生新闻学院授予约翰·J·麦克劳伊学者(John J. McCloy Fellow)称号,获得硕士学位。

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