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COVID-19 and the airport industry

Analytical digest

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COVID-19 and the airport industry

Release date: 29 May 2020

Topics:

Space industry

Mobility

COVID-19

StayHomeEconomy

There is no industry more severely affected by COVID-19 pandemic than aviation. Travel bans as of late March could represent closer to 98% of global passenger revenue — with a three-month blanket ban equivalent to over USD 250 billion. When will the air travel demand bounce back? How rapidly can the supply side recover? KPMG experts have prepared a document on the current impact of COVID-19 on airport industry and analyzed the possible scenarios of its recovery.

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