Economic

Moldova's aviation industry hit harder than global average

A study by the Institute for European Policy and Reform (IPRE) shows that the aviation industry in Moldova was hit harder than the global average during the COVID-19 pandemic.

avia.md
Sursa: avia.md

The study found that the total number of passengers carried globally fell by more than 60% in 2020 compared to 2019. In Moldova, the decrease was even more significant, at almost 70%.

In 2021 and 2022, there was a significant recovery, but the number of passengers carried in Moldova has not yet fully recovered. In 2022, globally, about 83% of passengers were carried, and in Moldova, only 77%.

An important indicator monitored in the aviation industry is the boarding ratio, which is the percentage of available seats that are actually filled by passengers. Globally, the average boarding ratio for the last 20 years is below 80%. In Moldova, the boarding ratio over the last 20 years has been around 70%, improving considerably after 2013, when the visa regime with the European Union was abolished.

The IPRE study warns that effective public communication on the situation in the aviation industry should be objective and well-calculated. Otherwise, certain statements could further undermine consumer confidence in airlines.

Read more