Monitoring Developments Related To COVID-19

The European Business Aviation Association (EBAA) is actively and closely monitoring developments related to the COVID-19 outbreak. EBAA invited CEOs of companies involved in the European Business Aviation sector to participate in a brief anonymous survey to evaluate the impact of the COVID-19 on their companies. This online survey was conducted between 26 March and 2 April 2020.

 

 Number of participants:

125 complete responses – with more than 50% of respondents being operators.

 

Geographical spread of responses:

Austria, Belgium, Bulgaria, Czech Republic, Denmark, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Luxembourg, Malta, Netherlands, Poland, Spain, Sweden, Switzerland and the United Kingdom.

 

The COVID-19 pandemic is having a devastating impact on the aviation sector. Just like partners in the airlines' industry, the 374,000 people who work in the European Business Aviation sector (and their families) are facing a crisis of unprecedented magnitude and uncertain futures.

 

Take a look at key extracts from the survey in the interactive graphs below. 

 

Insights:

 - 125 complete responses

 - 50% of respondents are business aviation operators

 - 50% of respondents include wider business aviation community, including airports ground handlers, fuel suppliers, maintenance organisations, manufacturers, and other dedicated service providers.

 

Insights:

 - Decrease in flight time for operators across Europe ranges from 50-100% (with variations per country or region)

 - 40% estimate decrease in flight time of 90-100%

 

Insights:

 - Estimated financial losses range from 50-90%

 - A 1/3 of CEOs surveyed estimate financial losses at around 80%.

 

Insights:

Over 50% of companies in the Business Aviation sector have had to put their employees on leave.

 
 

Insights:

More than 25% of CEOs surveyed have had to lay off staff due to the crisis.

 

The survey reveals that 1/3 of European operators have halted operations altogether, and estimated revenue losses for the thousands of SMEs that make up our sector currently range from 50-90%. CEOs surveyed identified staffing, fixed location costs and taxes as the 3 most pressing financial issues.

 

FIND OUT MORE

 

As a subscriber to one of Aviation Week Network’s market briefings, your searches only provide you with access to articles from within that product.

To find out about obtaining additional data – including the most comprehensive details on organizations, fleets, personnel and programs – click here or call +1.561.279.4661.


 

As a subscriber to one of Aviation Week Network’s market briefings, your searches only provide you with access to articles from within that product.

To find out about obtaining additional data – including the most comprehensive details on organizations, fleets, personnel and programs – click here or call +1.561.279.4661.


 

As a subscriber to one of Aviation Week Network’s market briefings, your searches only provide you with access to articles from within that product.

To find out about obtaining additional data – including the most comprehensive details on organizations, fleets, personnel and programs – click here or call +1.561.279.4661.


 

As a subscriber to one of Aviation Week Network’s market briefings, your searches only provide you with access to articles from within that product.

To find out about obtaining additional data – including the most comprehensive details on organizations, fleets, personnel and programs – click here or call +1.561.279.4661.