The COVID-19 pandemic has had enormous negative impacts on the aviation industry. The number of seats offered by commercial airlines has halved through 2020 compared to previous years while gross operating revenues for airlines are anticipated to have fallen almost 400M USD by the end of the year. While survival has been the fundamental objective for many in the industry, the community has also identified the current circumstance as an opportunity for positive change. In these times of flux, new operational models or approaches can be more easily trialed. While some innovations might seek to deal directly with COVID-related challenges, others entail examination of more general improvements. For individual parties, innovation can provide for competitive differentiation. For the community as a whole, meanwhile, innovation as a means to build back better should provide for more sustainable growth of the aviation industry as the pandemic subsides. This panel was broadcasted live in the following time zones: Bangkok, Cairo, Dakar, Nairobi and Paris.
Up Next in Global Innovation Symposium 2020
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Planning for Innovation (Montreal)
The powerful socio-economic driver represented by the aviation industry is facing a variety of challenges. The COVID-19 pandemic highlighted the need for innovation as a vector to improve the resilience of the aviation system. Furthermore, new demands, emerging technologies, innovative ways of do...
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The Path Forward for Airspace &Traffi...
The aerospace industry is moving incredibly quickly with innovations in aircraft types, sizes, and flight capabilities. The introduction of these new vehicles is no longer a question of if they will arrive, but when. In order to support this growth and innovation in respect to emerging aviation s...
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Regional Panel on Innovation (APAC)
These panel sessions discussed regional aspects of the implementation of innovations.
