A study by OAG/CAPA showed that Airline seat capacity fell by 57.7% in Europe in 2020. This had been the biggest drop in all regions. It pushed Europe to third position in regards to the total seat numbers.The Aviation in Europe market is highly competitive.So, the industry is expecting to see some new implementations and innovations.
In 2020, due to the pandemic and the lockdowns, people had stopped traveling. People were doing everything from the comfort of their homes. Even when it came to playing casino games, people resorted to online casinos. In fact, they used best casino bonuses to increase their bankroll and still continue playing at online casinos 2021. With the help of these bonuses, people played different kinds of games.
However, it has brought in a little hope. The United Kingdom usually is the biggest aviation market in Europe. It was the first country in the world to administer and approve the COVID-19 vaccine. Several other European countries have then adopted the vaccination program. This has led more people to travel to and from the country.
Future Changes in European Aviation
Recovery of air travel raises several problems on how the aviation industry is going to build back their aviation department. In this, you will get to take a look at the impact it might have on the airline routes, especially in Europe. So, what will this mean for potential network carriers along with point-to-point airlines?
The sudden fall in air traffic has impacted almost every route. There is no reason to believe that one route will be affected more than the others. However, this doesn’t mean that the airline is going to respond to the crash in demand in a similar manner as all routes. It is just crucial to take into account if the reduction in air traffic might have had a disproportionate effect on routes that are less popular.
The reason to take this into account is that airline economics of all types of routes are different. Airlines have various costs related to supporting separate routes that do not scale perfectly at the low level. There is a fixed cost for doing with the marketing route, even when the airline is incurring maintenance or ground handling costs at the destination.
So, if it is assumed that traffic is going to recover in Europe, the number is going to be significantly lower than what it was in the pre-COVID times.
Socially, Environmentally, and Economically Sustainable Future
Policymakers of the aviation industry in Europe are working to reach net zero-emission by the end of 2050. More than 20 associations that are together representing the whole of the European aviation ecosystem have made an announcement to work with the policymakers to achieve net-zero CO2 emission. The commitments are going to create a greener and strong future for this industry.
The Aviation Relief Programme is being called upon to rebuild the industry. The Aviation Round Table Report authors have stated the importance of restoring the confidence of the people in aviation as the primary priority and immediate pre-requisite for ascertaining recovery. This report has also stated that maintaining skills, connectivity, and employment in the European market along with its competitiveness is important to ensure the recovery of aviation from COVID-19. It will improve its resilience and make the aviation of Europe more resilient in time to come.
This sector strongly believes that its recovery needs to be accompanied by efforts to truncate the environmental footprint, considering the right policies are in place.
The pandemic is having a significant effect on aviation workers, as several jobs are at risk. Designing and implementing the recovery strategy is going to take the requirements of the aviation workers into consideration.
The United Kingdom Is Going to Dominate the European Aviation Market
In the aviation market of Europe, the UK presently accounts for the prime share in terms of revenue. The UK has emerged as one of the busiest international airports in the area. So, irrespective of the large reduction in passengers in 2020, the London-Heathrow airport has been one of the busiest airports in the country.
Even though the pandemic has affected every carrier’s future plan, a few airlines were defying the pessimism of the industry over the impact of the pandemic and have increased their order book in the same year. For instance, Ryanair, in 2020 December, placed an order for 75 B737 Max aircraft. It cost the carrier more than $9 billion. They did this, hoping that their customer base is going to grow to 200 million in 2026 from 149 million in 2022.
The European aviation market is highly competitive. It is being dominated by some players. So, the industry is expecting to see some new implementations and innovations. There are so many companies looking to grab opportunities that many new technological innovations are adopted to augment their market shares.
