World in motion
ACI World calls for more financial assistance and support for airports to help them overcome the coronavirus pandemic and safeguard jobs, writes communications manager, Sabrina Guerrieri.
Aviation continues to be highly impacted by the COVID-19 pandemic and, while airport operators remain first and foremost concerned with protecting the health and welfare of travelers and staff, it is important to note that they are also businesses in their own right.
They have significant costs to bear, debts and obligations to fulfill, and services to deliver, even during a time of crisis.
The fast spread of the virus, and the travel restrictions and contraction that have come with it, represent a shock that has led to a severe drop in airport traffic and economic activity. The financial shortfall will be significant for businesses involved in the aviation ecosystem with current simulations indicating enormous airport industry losses.