Latin America & Caribbean: COVID-19 impact on civil aviation revenue 2020-2021
For the civil aviation industry in Latin America and the Caribbean, the COVID-19 pandemic represented an estimated passenger revenue loss of more than 26 billion U.S. dollars in 2020, when compared to the previous year. For the first half of 2021, it was expected that, in a worst-case scenario, the passenger revenue declines in the region could amount to nearly 12 billion dollars. The Latin American and Caribbean air passenger traffic could also drop during those months by approximately 80 million travelers.
