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          ACI: COVID-19 creates existential crisis for airports, airlines and

          their commercial partners as impact continues in 2021

              The latest Advisory Bulletin on the
          airport business, published at the end of
          March by Airports Council International
          (ACI) World, indicates that despite some
          positive signs for recovery, the impact of
          COVID-19 presents an “existential crisis”
          on the industry that will be felt on airport
          passenger traffic and revenues in 2021.
              The ACI analysis forecasts that 4.7
          billion fewer passengers will travel by
          year end 2021 compared to the projected
          baseline, representing a decline of -47.5%
          of global passenger traffic. This reduction
          in travelers is estimated to equate to a
          loss in revenue of more than $94 billion
          (figures in US Dollars) by the end of 2021,
          cutting in half expectations compared to the
              Different regions of the world will
          recover at different rates, says ACI World.
          Markets having significant domestic traffic
          are expected to recover in 2023 to pre-
          COVID-19 levels while markets with a
          significant share of international traffic are
          unlikely to return to 2019 levels until 2024
          or even 2025 in some cases.
              ACI World is strongly calling for an
          interoperable health data trust framework   “Aviation recovery will not take-  COVID-19 crisis had an unprecedented
          to facilitate safe border reopening and   off, however, without a coordinated and   impact on airport traffic
          cross-border travel to support this recovery.   globally-consistent approach to vaccination   Last year marked the end of a decade
          ACI will support any system which will   and testing, coupled with safe and   of consistent growth in global passenger
          allow testing and vaccination data to be   interoperable methods of sharing testing   traffic. The ongoing COVID-19 pandemic
          shared consistently, effectively, and in a   and vaccination information.”  brought airports around the world to
          way that protects the personal data of those   Highlights from ACI World’s Advisory   a virtual halt in the second quarter of
          that use it.                      Bulletin: The impact of COVID-19 on the   2020, resulting in airport traffic —and
              ACI World Director General Luis   airport business and path to recovery:  revenue —losses across all regions. While
          Felipe de Oliveira noted that as the world
          is embarking on the biggest vaccination
          campaign in history, countries with high
          rates of vaccination are seeing an escalation
          of encouraging prospects for recovery,      Editor/Publisher: Lois R. Pasternak
          “with a surge in travel in the second half of   In Memoriam: Paul A. Pasternak
          2021 expected.”                             Executive Editor: Michael Pasternak
                                                      Editorial Contributors: John Gallagher
              “Despite this, COVID-19 remains an      Production Coordinator & Designer: Chris Hetzer
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          their commercial partners and we need       Webmaster: Michael Pasternak
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          fuel the global economic recovery.          FL. 33444 USA.
              “We hope an upsurge in confidence       E-mail:,
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          significantly increase by mid-year.

          The Virtual Summit of the Americas Issue April 2021                 4
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