The aviation industry continues to battle the impact of COVID-19 as new variants arise and new restrictions are imposed. However, aviation analytics firm Cirium predicts that 2022 has promise and an upward trend for air travel recovery.
In Cirium’s 2021 Airline Insights Review, the company focuses on the fact that the aviation industry is in recovery and is poised for a projected 47% growth in capacity over the next 12 months. This steep increase indicates capacity could return to 2015 levels by the end of 2022.
In 2020, the impact of the pandemic wiped out an astonishing 15 years of global passenger capacity growth – based on the total number of seats flown – in a matter of months, slashing 2020 capacity flown back to levels last seen in 2005. While we are in no way back to pre-pandemic levels – from January to October 2021 flights were still 38% down compared with the same period in 2019 – encouragingly, in 2021 global capacity was forecast to return to capacity levels seen in 2006.