After months of a steep decline in passenger decline, a new analysis by Cirium has shown that there has been a slight increase in global passenger flights. A major reason for this could be the fact that Asia-Pacific countries like China have slowly begun to relax their travel restrictions.
4 percent increase noted since April 28th
Data has shown that on April 28th, there was a 4 percent increase in scheduled passenger flights flown as compared to April 21st. This is the first positive value in Cirium’s continuous analysis since March 5th. The analysis also showed that 130 passenger jets were added to the active global fleet since the update.
Ever since global travel restrictions were imposed, flight demand across the world plummeted. Over the course of a few weeks, the aviation industry was thrown into its biggest challenge yet. Revenue dipped, losses increased and companies were forced to lay-off employees and instate pay-cuts. The projected loss to the aviation industry is still in the billions, but this small improvement might signal recovery, which needs to begin sooner rather than later.
Also Read: Airfares May Drastically Surge Once Travel Restrictions Ease