On 10th Anniversary of 9/11, Report Highlights Air Transport’s Resiliency

The air transport industry has proved largely immune to the effects of terrorism, pandemics and natural disasters over the past 32 years, according to a ne

The global airline industry recovered from the April 2010 eruption of the Eyjafjallajökull volcano in Iceland in no more than three months, according to the OAG/UBM report published last week. (Photo: klikk - Fotolia)

By Gregory Polek • Senior Editor

September 12, 2011

The air transport industry has proved largely immune to the effects of terrorism, pandemics and natural disasters over the past 32 years, according to a new report released last week by OAG and UBM Aviation. The analysis shows that global airline capacity has grown by an average of 3.1 percent per year since 1979, during which time the vast majority of crises resulted in a “negligible” effect on global airline capacity, and that at a regional level capacity dropped less than 4 percent and recovered within three months.

“The OAG World Crisis Analysis shows how quickly the aviation industry responds and adapts in the face of almost any disaster, which is reassuring news for world markets and the ancillary industries that depend on aviation,” said Peter von Moltke, CEO of UBM Aviation.

The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background.

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