IMPACT ON EUROPEAN AVIATION - COVID 19 EUROCONTROL Comprehensive Assessment

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IMPACT ON EUROPEAN AVIATION - COVID 19 EUROCONTROL Comprehensive Assessment
27 May 2021

COVID 19
IMPACT ON                      EUROCONTROL
                               Comprehensive Assessment

EUROPEAN AVIATION

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IMPACT ON EUROPEAN AVIATION - COVID 19 EUROCONTROL Comprehensive Assessment
Headlines                                                                                          Traffic Situation
                                                                                                   Daily flights (including overflights)
 13,259 flights (39% of 2019 levels) on Wed 26 May 2021, slight increase (+5%) over 2 weeks.
                                                                                                         Traffic over the last 7 days is

                                                                                                                60%
 Traffic relatively stable in the recent days after the large increase over the last two weeks.
 Positive impact of lockdown measures relaxation in Turkey at State level (+64% over 2                                                    Compared to
  weeks), airport level (eg. Sabiha (+135%), IGA (+34%)) and for turkish operators (PGS, THY).                                             equivalent days
                                                                                                                                           in 2019
 Solid increases for Portugal (+37%) (flows with UK), UK (+30%)(domestic + flows with
  Portugal and Greece), Greece (+25%) and Italy (+12%) over the last two weeks. Other major
  States (France, Germany, Spain and the Netherlands) record slight declines.
 Apart from Turkish operators, good increases for Ryanair (+36%, Portugal - UK).
 Domestic traffic vs 2019: Europe (-62%), US (-23%), China (+2%), Middle-East (-40%).

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IMPACT ON EUROPEAN AVIATION - COVID 19 EUROCONTROL Comprehensive Assessment
Top 10 Busiest Airports
7-day average Dep/Arr flights on 20-26 May, compared to 2019
                          Average flights per day (week Average flights per day (week
      Top 10 Airports
                                     20-26/5)                20-26/5) vs 2019
IGA Istanbul Airport                   578                         -51%
Paris/Charles-De-Gaulle                507                         -65%
Frankfurt                              504                         -68%
Amsterdam                              494                         -68%
Madrid/Barajas                         451                         -63%
Istanbul/Sabiha Gokcen                 376                         -42%
London/Heathrow                        364                         -73%
Athens                                 317                         -52%
Barcelona                              282                         -73%
Vienna                                 253                         -72%

  Traffic Flow                                                                          Economics                                Fuel price
  On 26 May, the intra-European traffic flow was

    10,337 + 6% -62%
                                                                                        (21 May 2021)

                                                                                                                               170
                                                                                                                            Cents/gallon
              flights                 over past                    Compared
                                                                                                                                         compared to
                                       2 weeks                       to 2019                     Source: IATA/Platts   174 cents/gallon on 14 May 21
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IMPACT ON EUROPEAN AVIATION - COVID 19 EUROCONTROL Comprehensive Assessment
Overall traffic situation at network level

 13,259 flights on Wednesday
 26 May.
 Increase (+5%) with +672 flights
 over 2 weeks (from Wed 12
 May).
 Increase (+5%) with +631 flights
 over 1 week (from Wed 19
 May).
 39% of 2019 traffic levels on
 Wednesday 26 May.

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IMPACT ON EUROPEAN AVIATION - COVID 19 EUROCONTROL Comprehensive Assessment
Current situation

                              When excluding the
                              Easter period, where
                              traffic reached a
                              maximum at network
                              level, the traffic has
                              been relatively stable at
                              -64% since January but is
                              now starting to increase
                              over the last 2 weeks.

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IMPACT ON EUROPEAN AVIATION - COVID 19 EUROCONTROL Comprehensive Assessment
Market Segments

                  The evolution of the segments is
                  now almost getting back to pre-
                  Easter trends. On 26 May 2021,
                  compared to 2019:
                   All-cargo is the only segment
                   above 2019 levels with +9%..
                   Biz Aviation decreased to -9%.
                   Charter decreased to -29%.
                   Traditional, although a very
                   small rise over the last week,
                   remained stable, staying at -65%.
                   Low-Cost remains the most
                   affected segment decreasing by
                   -79% vs 2019 but is showing an
                   increase over the last 2 weeks.

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IMPACT ON EUROPEAN AVIATION - COVID 19 EUROCONTROL Comprehensive Assessment
Aircraft operators (Daily flights)
Top 10                               Turkish Airlines is the busiest
                                     airlines with 729 flights.
                                     Positive change in the ranking
                                     over 2 weeks for Ryanair,
                                     Pegasus and Qatar.
                                     Highest increase over 2 weeks
                                     for:
                                      Pegasus (+203%) and Turkish
                                       Airlines (+51%) driven by
                                       domestic flows, after
                                       relaxation of the Turkish
                                       lockdown.
                                      Ryanair (+26%) mainly driven
                                       by the flow Portugal-UK.
                                      Lufthansa (+7%) mainly driven
                                       by domestic flows.

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IMPACT ON EUROPEAN AVIATION - COVID 19 EUROCONTROL Comprehensive Assessment
Aircraft operators (Daily flights)
Top 40 – Latest operations

Highest increase for SunExpress (+300%), Pegasus (+203%), Turkish Airlines (+51%), but also easyJet (+54%;
many flows), British Airways (+34%) and Ryanair (+26%).
Ryanair 4th , easyJet 12th, British Airways 20th.
Traffic levels ranging from -99% (Brussels Airlines operates almost no flights on Wednesdays) to -12% (Wideroe)
compared to 2019.
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IMPACT ON EUROPEAN AVIATION - COVID 19 EUROCONTROL Comprehensive Assessment
Aircraft operators
Latest news
 European airlines                                             Ryanair issues a five year €1.2 billion Eurobond with a
                                                               coupon of 0.875%; Ryanair is rated BBB.
Air France launches a new staff solidarity movement to         TAP state aid from Portugal annulled by General Court of the
encourage volunteer assignments for social/environmental       EU following an action brought by Ryanair; plans to operate
causes.                                                        49% of pre-crisis capacity in June.
easyJet reports a pre-tax loss of £645 million of the six      Wizz Air to open a base at Cardiff in June with eight routes.
months to March 2021.
El Al reports $140 million net loss in 2020.
Iberia expects the acquisition of Air Europa to be completed
during the second half of the year.
Iberia signs tourism promotion agreements and announces
route plans for Panama, Puerto Rico and the Dominican
Republic.
KLM state aid from the Netherlands annulled by General
Court of the EU following an action brought by Ryanair.

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IMPACT ON EUROPEAN AVIATION - COVID 19 EUROCONTROL Comprehensive Assessment
Aircraft operators
Latest news
Worldwide airlines                                             Singapore Airlines plans to issue $4.6 billion of mandatory
                                                               convertible bonds; records net loss of $4.3 billion for year
  American Airlines plans to operate daily Madrid/Miami        to end March, including an impairment loss of $1.7 billion
  and Madrid/JFK services from 17 June for vaccinated          on 45 surplus aircraft; commits to net zero carbon
  passengers.                                                  emissions by 2050

  Cathay Pacific commits to net zero carbon emissions by       South African Airways – Government states that “The
  2050 by using SAF, offsets and enhanced efficiency; to       acquisition of a Strategic Equity Partner is at an advanced
  resume Frankfurt and San Francisco routes in June.           stage and could be concluded in the next 4-6 weeks.”

  Delta Air Lines to operate thrice weekly JFK-Barcelona and
  Atlanta-Barcelona services from June/August respectively

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States (Daily Departure/Arrival flights)
  Top 10                                                                                Highest increases over 2 weeks:
                                                                                      • Turkey (+64%) driven by Pegasus,
  Rank
evolution
                           Top 10 States on Wed 26-05-2021                              Turkish Airlines and SunExpress.
 over 2                                            D over 2    % over 2                 Domestic flows, after relaxation of
          State                Flights (Dep/Arr)                          % vs 2019
 weeks                                              weeks       weeks                   lockdown.
                                                                        
                                                                                      • Portugal (+37%) mainly driven by
          Germany               2108                    -179      -8%          -68%
         France                2022                   -122      -6%         -60%
         Spain                 1658                   -121      -7%         -67%
                                                                                        low-cost operating flights from/to
         United Kingdom        1521                  +355      +30%         -77%     UK.
         Turkey                1443                  +563      +64%         -52%   • UK (+30%) mainly driven by easyJet,
         Italy                 1191                  +129      +12%         -70%
                                                                                        light aircraft operators, Loganair, BA
         Norway                858                     -33      -4%         -51%
                                                                                        and Ryanair. Domestic flows as well
         Netherlands           649                     -35      -5%         -66%
         Greece                558                   +112      +25%         -64%
                                                                                        as with Portugal and Greece.
         Portugal              464                   +125      +37%         -62%   • Greece (+25%) mainly driven by light
                                                                                        aircraft and Olympic. Flows with UK,
                                                                                        Germany and The Netherlands, as
                                                                                        well as domestic flows.
                                                                                      • Italy (+12%) mainly driven by light
                                                                                        aircraft operators. Largest increase
                                                                                        on domestic flows.
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States (Daily Departure/Arrival flights)
Latest traffic situation

Highest increases for Slovenia (+69%), Turkey (+64%), Slovakia (+59%), Israel (46%).
Traffic levels ranging from -83% (Ireland) to -31% (Armenia) compared to 2019.

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States, Associations and Authorities
  Cambodia to require employees in the tourism sector to be vaccinated and display
  vaccination cards.

  ACI Europe reconfirms the commitment of the European airport industry to achieve net
  zero carbon emissions by 2050.
  IATA supports unrestricted access to travel for vaccinated travellers and free-of-charge tests
  where vaccination is not possible.
  IATA welcomes the decision of Germany to open its borders to most vaccinated travellers;
  calls for slot relief for this winter.
  Spanish Airline Association (ALA) rejects a proposal by the Prime Minister to introduce an
  environmental tax on airfares and eliminate some domestic flights.

  FAA reports around 2,500 unruly passenger reports in 2021, including 1,900 reports of
  passengers refusing to wear face masks.
  Italian Competition Authority fines Ryanair and easyJet for non-reimbursement for
  cancelled services.

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Traffic flows (Daily Departure/Arrival flights)

  The main traffic flow is the intra-Europe flow with 10,337 flights
  on Wednesday 26 May, which is increasing (+6%) over 2 weeks.
  Intra-Europe flights are at -62% compared to 2019 while
  intercontinental flows are at -61%.

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Country pairs (Daily Departure/Arrival flights)
Top 10
                                                    9 of the top 10 flows are
                                                    domestic.
                                                    Highest increases in flights over
                                                    2 weeks for domestic flows in
                                                  • Turkey (+208%) mainly due to
                                                    Pegasus, Turkish Airlines and
                                                    SunExpress.
                                                  • UK (+22%) due to light aircraft
                                                    operators, easyJet and Ryanair.
                                                  • Greece (+9%), mainly due to
                                                    Olympic.
                                                  • Italy (+8%) , mainly due to light
                                                    aircraft operators.

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Country pairs (Daily Departure/Arrival flights)
Latest traffic situation
                                                  The busiest non-domestic
                                                  flows were:
                                                  • Germany-Greece (237 flights,
                                                    +9% over 2 weeks),
                                                  • Germany-Spain (213 flights,
                                                    -13% over 2 weeks).
                                                  • France-Spain (134, -26%)
                                                  • Germany-Italy (130, +14%)
                                                  • France-Germany (116, -6%)
                                                  • Turkey-Ukraine (111, +18%)
                                                  • UK-US (111, +3%).
                                                  • Germany-UK (107,+7%).

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Outside Europe
USA
  On tickets sold in mid-May, average
  airfares* were 24% below pre-
  pandemic levels. Fares remain
  depressed due to discounting on
  leisure/VFR and dearth of business
  travel.
  On 25 May, US passenger airline
  departures were 25% below 2019
  levels with domestic down 23% and
  international down 40%.
  The domestic US load factor has
  improved recently, averaging at 83%
  on 25 May vs 90% in same week of
  2019.
* Fares (gross sales minus refunds) sold in the United States
for future travel to/from U.S. airports

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Outside Europe
Middle East                                                     China
 On 25 May, Intra-Middle-East traffic recorded 1,679 daily      On 24 May, domestic traffic recorded 12,159 flights (+2%
 flights (-40% compared to Feb 2020).                           compared to January 2020 levels).
 International traffic from and to Middle-East recorded 1,285   International flights and overflights are still suppressed, they
 flights (-58% compared to Feb 2020).                           were stable on previous weeks with 1,312 and 388 flights
                                                                respectively (-68% and -76% vs 1 Jan 2020).
 Overflights have remained stable around 268 flights over the
 recent weeks (-37% compared to Feb 2020).

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Airports (Daily Departure/Arrival flights)
  Top 10 and latest news
  Rank                                                                                    Positive change for 8 of the
evolution
                                   Top 10 Airports on Wed 26-05-2021                      top 10 airports.
 over 2                                                 D over 2   % over 2               Highest increases for:
                     Airport          Dep/Arr Flights                         % vs 2019
 weeks                                                   weeks      weeks
           IGA Istanbul Airport      578                  +148     +34%         -51%   • Istanbul/Sabiha (+135%) and
           Paris/Charles-De-Gaulle   507                   +4       +1%         -65%     IGA Istanbul Airport (+35%)
           Frankfurt                 504                   +4       +1%         -68%     mainly due to Pegasus,
           Amsterdam                 494                   -16      -3%         -68%     Turkish Airlines.
           Madrid/Barajas            451                   +8       +2%         -63%
                                                                                          • London/Heathrow (+14%)
           Istanbul/Sabiha Gokcen    376                  +216    +135%         -42%
                                                                                            owing to increases from
           London/Heathrow           364                  +45      +14%         -73%     British Airways mainly.
           Athens                    317                  +12       +4%         -52%
           Barcelona                 282                   -25      -8%         -73%
           Vienna                    253                    -6      -2%         -72%

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Airports (Daily Departure/Arrival flights)
Latest operations

Largest increases for Ankara (+196%), Istanbul/Sabiha (+135%), Antalya (+72%), IGA
Istanbul Airport (+34%), Lisbon (+32%), Tel Aviv (+25%) and Paris Le Bourget (+22%).
Traffic levels ranging from -94% (Gatwick) to -51% (IGA Istanbul Airport) compared to
2019.
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Airports
Latest news
 Auckland Airport reports 714k passengers in April, down 60% on 2019; this includes ~68k international pax,
 reflecting the impact of the trans-Tasman travel bubble.

 Flughafen Wien Group reports a net loss of €30.9 million in Q1 2021.

 Frankfurt Airport to reopen 07L/25R, which has been used as a parking area.

 German Airports Association reports April passenger numbers down 89% on 2019.

 Orlando Airport reports April departures were 76% of April 2019 and this number increased to 82-85% for the
 first half of May.

 Singapore Airport report April passenger numbers of 173k, down 97% on 2019.

 Vienna Airport reports April passenger numbers of 269k, down 90.2% compared to 2019; forecasting 12.5
 million passengers for 2021.

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Vaccination updates

                        Inoculations against COVID-19 have started at the end of 2020.
                        By 25 May, Israel, Malta, UK, Hungary, Monaco and Serbia have reported that
                        more than 25 people (per 100 people) were fully vaccinated (i.e. have
                        received 2 doses of the main vaccines).
                        Most of other Member States of EUROCONTROL are around 15 fully
                        vaccinated people (per 100 people).
                      Graphs are showing data for the 41 Member and 2 Comprehensive Agreement States of
                      EUROCONTROL.

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Economics

            Jet fuel prices have started
            to rise since last Autumn,
            from around 100 cts/gal in
            October 2020 to 170 cts/gal
            on 21 May 2021.

            The jet fuel prices are
            around 20 cents per gallon
            below pre-COVID levels.

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To further assist you in your analysis, EUROCONTROL provides the following additional
information on a daily basis (daily updates at approximately 7:00 CET for the first item and
12:00 CET for the second) and every Friday for the last item:

1. EUROCONTROL Daily Traffic Variation dashboard:
   www.eurocontrol.int/Economics/DailyTrafficVariation (or via the COVID-19 button on the
   top of our homepage www.eurocontrol.int)
   • This dashboard provides traffic for Day+1 for all European States; for the largest airports;
      for each Area Control Centre (ACC); and for the largest airline operators.

2. COVID Related-NOTAMS with Network Impact (i.e. summary of airspace restrictions):
   https://www.public.nm.eurocontrol.int/PUBPORTAL/gateway/spec/index.html
   • The Network Operations Portal (NOP) under “Latest News” is updated daily with a
      summary table of the most significant COVID-19 NOTAMs applicable at 12.00 UTC.

3. NOP Recovery Plan.
   https://www.public.nm.eurocontrol.int/PUBPORTAL/gateway/spec/index.html
   • This report, updated every Friday, is a special version of the Network operation Plan
      supporting aviation response to the COVID-19 Crisis. It is developed in cooperation with
      the operational stakeholders ensuring a rolling outlook.                                      © EUROCONTROL - May 2021
                                                                                                    This document is published by EUROCONTROL for information purposes. It may be copied in whole
                                                                                                    or in part, provided that EUROCONTROL is mentioned as the source and it is not used for commercial
                                                                                                    purposes (i.e. for financial gain). The information in this document may not be modified without
For more information please contact aviation.intelligence@eurocontrol.int                           prior written permission from EUROCONTROL.
                                                                                                    www.eurocontrol.int

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