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Infrastructure

The Global Airport Market

2 MIN READ September 02, 2020
PRODUCED BY:
KENNETH CURRIE

Founder & Managing Director
Skylark Consulting Group
 
Aviation continues to be one of the hardest hit sectors, having come to a near standstill during the second quarter of 2020, with airports closing and airlines grounding entire fleets. Global passenger traffic dropped by 53%1 in the first five months of 2020. 

As countries have begun to control the spread of COVID-19, the aviation sector has seen modest signs of recovery. Passenger numbers have begun to increase in some markets, including China, Europe, and the United States, and domestic and short-haul travel is seeing a faster recovery than international and longhaul markets, respectively

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