Business Travel News
Business Travel News
  • SECTIONS
    • Transportation
    • Lodging
    • Payment & Expense
    • Technology
    • Distribution
    • Meetings
    • Global
    • Management
    • Travel Procurement
    • Voices
    • Recent Issues
  • EXPERT Q&A
    • VIEW ALL INTERVIEWS
  • RESEARCH
    • Corporate Travel 100
    • Corporate Travel Index
    • Expense Manager Report
    • Small & Midsize Enterprise
    • Salary Survey
    • Strategic Meetings Report
    • VIEW ALL
  • WEBINARS
    • View All Webinars
  • EVENTS
    • Webinars
    • Business Travel Intelligence Summit
    • Business Travel Lodging Summit
    • Business Travel Show
    • Business Travel Tech Talk
    • Business Travel Trends Forecasts
    • Entertainment Travel Summit
    • Global Travel Risk Summit
    • Government Travel Summit
    • Innovate
    • Strategic Meetings Summit
    • Sustainable Business Travel Summit
    • VIEW ALL EVENTS
  • RESOURCES
    • Business Travel Buyer's Handbook
    • Business Travel Buyer's Techbook
    • Corporate Travel Index Calculator
    • Data Sources: The Reference Guide
    • White Papers & Case Studies
    • Influencers
    • Webinars
    • Videos
    • Hotel Search
  • SECTIONS
    • Transportation
    • Lodging
    • Payment & Expense
    • Technology
    • Distribution
    • Meetings
    • Global
    • Management
    • Travel Procurement
    • Voices
    • Recent Issues
  • EXPERT Q&A
    • VIEW ALL INTERVIEWS
  • RESEARCH
    • Corporate Travel 100
    • Corporate Travel Index
    • Expense Manager Report
    • Small & Midsize Enterprise
    • Salary Survey
    • Strategic Meetings Report
    • VIEW ALL
  • WEBINARS
    • View All Webinars
  • EVENTS
    • Webinars
    • Business Travel Intelligence Summit
    • Business Travel Lodging Summit
    • Business Travel Show
    • Business Travel Tech Talk
    • Business Travel Trends Forecasts
    • Entertainment Travel Summit
    • Global Travel Risk Summit
    • Government Travel Summit
    • Innovate
    • Strategic Meetings Summit
    • Sustainable Business Travel Summit
    • VIEW ALL EVENTS
  • RESOURCES
    • Business Travel Buyer's Handbook
    • Business Travel Buyer's Techbook
    • Corporate Travel Index Calculator
    • Data Sources: The Reference Guide
    • White Papers & Case Studies
    • Influencers
    • Webinars
    • Videos
    • Hotel Search
Business Travel News
  • SECTIONS
    • Transportation
    • Lodging
    • Payment & Expense
    • Technology
    • Distribution
    • Meetings
    • Global
    • Management
    • Travel Procurement
    • Voices
    • Recent Issues
    Subscribe to NewslettersBTN DailyBTN GlobalBTN Travel ManagementTravel Procurement
    Subscribe to Print IssuesBusiness Travel NewsTravel Procurement
  • EXPERT Q&A
    • VIEW ALL INTERVIEWS
    Despite Demand Dearth, TMC Hess Grows by BuyingDespite Demand Dearth, TMC Hess Grows by Buying
    As T&E Management Evolves, TravelBank Readies More PartnershipsAs T&E Management Evolves, TravelBank Readies More Partnerships
    As Buyers Rethink Service Models, SalesTrip Touts Pairing CRM with T&EAs Buyers Rethink Service Models, SalesTrip Touts Pairing CRM with T&E
  • RESEARCH
    • Corporate Travel 100
    • Corporate Travel Index
    • Expense Manager Report
    • Small & Midsize Enterprise
    • Salary Survey
    • Strategic Meetings Report
    • VIEW ALL
    Annual Supplier Ratings• Car Rental Survey & Report• Hotel Survey & Report• Airline Survey & Report
    Special Reports• State of the Industry Report• Business Travel Stakeholders
  • WEBINARS
    • View All Webinars
    Working with Internal Stakeholders to Manage the New Dynamics of Travel

    Tues, April 20 at 12pm ET / 8am PT
    Sponsored By: TripActions

    Prioritizing Duty of Care in Your Travel Program

    Tues, April 6 at 12pm ET / 8am PT
    Sponsored By: TripActions

    Reimagining Your Corporate Travel Program

    Thurs, March 25 at 12:00 PM ET / 9:00 AM PT
    Sponsored by: Egencia

  • EVENTS
    • Webinars
    • Business Travel Intelligence Summit
    • Business Travel Lodging Summit
    • Business Travel Show
    • Business Travel Tech Talk
    • Business Travel Trends Forecasts
    • Entertainment Travel Summit
    • Global Travel Risk Summit
    • Government Travel Summit
    • Innovate
    • Strategic Meetings Summit
    • Sustainable Business Travel Summit
    • VIEW ALL EVENTS
    6th Annual Global Travel Risk Summit America

    Virtual Event - April 14, 2021

    5th Annual Global Travel Risk Summit Europe Virtual Event

    Virtual Event - 21 April 2021

    Business Travel Show America (Spring)

    Virtual Event - May 25 & 26, 2021

  • RESOURCES
    • Business Travel Buyer's Handbook
    • Business Travel Buyer's Techbook
    • Corporate Travel Index Calculator
    • Data Sources: The Reference Guide
    • White Papers & Case Studies
    • Influencers
    • Webinars
    • Videos
    • Hotel Search
    BTN CTI Calculator

    Filter in or out as many as 200 cities, as well as hotel and car rental class and meals of the day and watch as the per-diem calculator automatically adjusts per diems to your program. Drill down into cost breakdowns and export the results.

  • Business Travel News Supplier DirectorySUPPLIER DIRECTORY

Global

IATA: 2021 Air Demand Starting Off Worse than 2020 Ended

By Dawit Habtemariam / March 03, 2021 / Contact Reporter
Share

January 2021 global passenger demand fell 72 percent from the pre-pandemic level in January 2019, according to the International Air Transport Association, a bigger drop than the 69.7 year-over-year decline recorded in December. "2021 is starting off worse than 2020 ended, and that is saying a lot," said IATA director general and CEO Alexandre de Juniac in a statement. Compared with January 2019, global capacity in January 2021 was down 58.7 percent and load factor dropped 25.7 percentage points to 54.1 percent.

Travel continues to be hamstrung by the latest restrictions countries have implemented, according to IATA. "Even as vaccination programs gather pace, new Covid variants are leading governments to increase travel restrictions," said de Juniac. "The uncertainty around how long these restrictions will last also has an impact on future travel. Forward bookings in February this year for the Northern Hemisphere summer travel season were 78 percent below levels in February 2019."

[Report continues below chart.]

2021-01 IATA Chart

Crossborder passenger demand in January was 85.6 percent below January 2019, a further drop from the the 85.3 percent year-over-year decline recorded in December. January capacity fell 74.4 percent from January 2019, and load factor fell 35 percentage points to 44.9 percent.

Domestic passenger demand fell 47.4 percent from January 2019, compared with a 42.9 percent year over year drop in December. This weakening largely was driven by stricter domestic travel controls in China over the Lunar New Year holiday period, according to IATA. Capacity in January dropped 30.5 percent from January 2019 levels, and load factor stood at 60.1 percent, down 19.3 percentage points.

In the wake of the pessimistic numbers, IATA revised its outlook for the aviation industry's financial performance. "Financial prospects for the year are worsening as governments tighten travel restrictions," de Juniac said. "We now expect the industry to burn through $75-$95 billion in cash this year, rather than turning cash positive in the fourth quarter, as previously thought. This is not something that the industry will be able to endure without additional relief measures from governments."

More Global
Related
Concur Partners with Risk Management Provider Anvil Group

SAP Concur has partnered with travel risk management provider Anvil Group, the companies announced....

Ford Motor Co. Shows Mobility Compliance as a New Direction for Travel Managers

The ever-changing role of the travel manager appears to have mutated yet again thanks to macro-trends...

IATA: February Global Air Travel Demand Falls Further

Global air demand in February 2021 fell 74.7 percent compared with its pre-pandemic level in February...

More Global

Concur Partners with Risk Management Provider Anvil Group
Ford Motor Co. Shows Mobility Compliance as a New Direction for Travel Managers
IATA: February Global Air Travel Demand Falls Further
JetBlue Transatlantic Flights to Feature Customizable Meals, Free Wi-Fi

VIEW ALL
Subscribe to Our

Free Newsletters

pixel2

Click Here for our Terms and Conditions and Privacy Policy.

  • Most Read
  • Most Shared
  1. Delta to End Middle Seat Policy, Extend Ticket Validity
  2. Corporate Travel Prepares for Post-Vaccine Realities
  3. Ford Motor Co. Shows Mobility Compliance as a New Direction for Travel Managers
  4. Sabre Releases New Air Shopping Display
  5. GBTA Proposes Bylaw Revisions That Reallocate Voting Power Across Member Groups
  1. Delta to End Middle Seat Policy, Extend Ticket Validity
  2. Corporate Travel Prepares for Post-Vaccine Realities
  3. UK Government: Brexit Means More Paperwork, Higher Costs for Business Travel
  4. NDC Adopters Ready to Move Beyond 'Plumbing' Projects
  5. Coping with Europe's SCA Travel Payment Complexities
Business Travel News Business Travel News
  • About Us
  • Contact Us
  • Advertise
BUSINESS TRAVEL NEWS
NORTHSTAR TRAVEL GROUP
Business Travel News
  • About Us
  • Contact Us
  • Advertise
  • Upload Print Ad Material
  • Purchase Reprints
  • Editorial Guidelines
  • Subscribe to BTN
  • Subscribe to Travel Procurement
  • Subscribe to Newsletters
  • BTN Europe
  • Privacy Policy
  • Terms & Conditions
Business Travel News
Business Travel News Travel Procurement The Beat
Northstar Travel Group
  • Retail Travel
  • Travel Weekly
  • Travel Weekly Asia
  • Travel Weekly China
  • TravelAge West
  • TravelPulse
  • TravelPulse Canada
  • TravelPulse Quebec

  • Hotel Investment
  • Burba Hotel Network

  • Travel Technology
  • Inntopia
  • Phocuswire
  • Phocuswright
  • Web In Travel
  • Meetings & Incentives
  • Northstar Meetings Group
  • Meetings & Conventions
  • Meetings & Conventions China
  • Meetings & Conventions Asia
  • Meeting News
  • Successful Meetings
  • Incentive
  • SportsTravel

  • Data Products
  • Agent Studio
  • AXUS Travel App
  • Intelliguide
  • travel42
Northstar Travel Group
Copyright ©2021 Northstar Travel Media, LLC. All rights reserved.    100 Lighting Way Secaucus, NJ 07094-3626 USA | Telephone: (201) 902-2000
RRManagement rrtestprocurement