US Aviation Industry Passenger Capacity Decreased by 80% Annually

According to a report on Friday (June 19), the International Air Transport Association (IATA) estimated that 26% of the airline industry’s revenue in 2020 will come from cargo operations, up from 12% in 2019, mainly due to the substantial passenger revenue The impact of the decline. Approximately half of the world’s air cargo is transported through the cargo compartment of passenger aircraft, rather than dedicated cargo aircraft. With the return of passenger flights, the global air cargo capacity has also picked up. Accenture (Accenture) data shows that the global aviation cargo compartment capacity in the week from May 31 to June 6, 2020 will be reduced by 27% annually.

According to the Transportation Security Administration (TSA) website, the US aviation industry carried 441,829 passengers on June 17, 2020, a year-on-year reduction of 83%. The average daily passenger traffic in 7 days reached 485,280, compared with 2,583,303 a year ago 81.2% reduction.

US Energy Information Administration (EIA) statistics show that during the four weeks to June 12, 2020, the daily supply of American aircraft fuel products (demand index) decreased by 62.3% year-on-year to 687,000 barrels, higher than May 29 The average value of the four weeks to date (558,000 barrels, the lowest since the statistics started in March 1991).

Worldometers statistics show that the 7-day moving average of newly confirmed cases of new coronavirus (COVID-19) reported 136,957 cases on Thursday, a record high.

Newly confirmed cases of COVID-19 in the United States reported 27,924 cases on Thursday, a new high since May 21, and the 7-day moving average reported 24,805 cases, the highest 7-day average since May 11.

 

 

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US Aviation Industry Passenger Capacity Decreased by 80% Annually - /10

Summary

According to a report on Friday (June 19), the International Air Transport Association (IATA) estimated that 26% of the airline industry’s revenue in 2020 will come from cargo operations.

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