Correlation between Aviation Operation and Epidemic (as of April 5)

The diversion of inbound flights headed for Beijing to other airports has been running smoothly, as has the resumption of domestic flights in Hubei province, the region hit hardest by the novel coronavirus, according to China's top aviation regulator.

North China's Shanxi province has been pulling out all the stops to curb the spread of imported COVID-19 cases, as the pandemic continues to grow globally.

Airports could lose about US$ 76 billion for full year 2020, while airlines suffer potential revenue losses of US$ 90 to 118 billion in the first half of the year, according to the International Civil Aviation Organization (ICAO) , which has released its latest report providing estimates of COVID-19's economic impact on civil aviation.

Paris Orly airport, France's biggest airport for domestic flights, will shut down starting from Tuesday midnight until further notice as air traffic dwindles amid the coronavirus pandemic.

VariFlight has released its latest report analyzing the global aviation operation amid COVID-19, in which the aviation data intelligence provides a deep dive into the pandemic's influences on the industry.

China's first cargo airport, located in Hubei province, is expected to be put into use by the end of next year or early 2022, although the novel coronavirus pneumonia outbreak has delayed its construction, the country's top economic planner said on Sunday.

On March 27th, the Civil Aviation Administration of China (CAAC) issued a notice on resuming domestic flights for Hubei province, the original epicenter of the coronavirus outbreak.

On March 18, Airports Council International (ACI) World Director General Angela Gittens published a statement entitled Economic Policy Responses to the Global Health Crisis. She noted that the global aviation industry is heavily impacted by COVID-19 pandemic and that airports "have significant costs to bear, debts and other obligations to fulfill, and services to deliver even during a time of crisis", with the losses of the airport industry expected to reach at least US$20 and US$25 billion in 2020. She indicated that "the financial shortfall will be significant and unlike anything we have ever seen for businesses involved in the aviation ecosystem...Many businesses, large and small and involved in airport businesses or not, could go bankrupt."