Impact on European Aviation industry due to COVID-19 Pandemic Size, Share, Analysis, Industry Report and Forecast 2019-2025
European Aviation
industry is concerned with the manufacturing and operations of all types of
aircraft and related services during transportation. Factors that were driving
the European aviation industry before the COVID-19 pandemic include increasing
disposable income all across the globe, the introduction of low-fare airlines,
increasing tourism in the European economies, among others. Moreover, the
replacement of aging commercial aircraft has also contributed significantly to
the market growth of aircraft manufacturers.
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Europe is the most
affected region due to the COVID-19 pandemic. Spain and Italy have registered
more than 100,000 cases related to COVID-19 till the tart of April 2020. Major
factors affecting the aviation industry after the pandemic include the decline
in tourism in the region due to government advisories and lockdown all across
the globe. Besides, lockdown in the European countries to reduce the spread of
the coronavirus causes reduced commercial activities results in a sharp
downfall in cargo airline movement too.
A
full Report of Impact on European Aviation industry
due to COVID-19 Pandemic is
Available at: https://www.omrglobal.com/industry-reports/impact-on-european-aviation-industry-due-to-covid-19-pandemic
The European aviation
industry report is segmented into passenger airlines, cargo airlines, aircraft
manufacturing companies, airports managing companies, and catering & other
service providing companies. Due to the COVID-19 pandemic, the passenger
airline segment is expected to be the most affected segment in the region.
Moreover, there is a possibility that airlines will cancel orders of new
airplanes due to bad economic conditions which will affect the airplane
manufacturing companies in the near future. Effect of COVID-19 on the aviation
industry is witnessed in each country in the region including UK, Germany,
Spain, Italy, France, and others. France and Italy will be among the most
affected country as the number of international tourists are higher as compared
to other countries in the region.
Impact on European
Aviation industry due to COVID-19 Pandemic
Segmentation
·
Passenger Airlines
·
Cargo Airlines
·
Aircraft manufacturing companies
·
Airports managing companies
·
Catering & other service providing
companies
Regional Analysis
·
UK
·
Germany
·
Italy
·
Spain
·
France
·
Rest of Europe
Companies Profile
·
Air France–KLM S.A
·
Airbus SE
·
British Airways PLC
·
Deutsche Lufthansa AG
·
EasyJet PLC
·
Finnair Oyj
·
International Consolidated Airlines Group,
S.A.
·
Norwegian Air Shuttle ASA
·
Qatar Airways Group
·
Ryanair DAC
·
SAS AB
·
Swiss International Air Lines AG
·
The Boeing Co
·
The Emirates Group
·
Turkish Airlines
·
Virgin Atlantic Airways Ltd.
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