International Passenger Traffic at the Hellenic Airports: Impact of the COVID-19 Pandemic and Mid-Term Forecasting

The aviation industry in the COVID-19 pandemic era (caused by the SARS-CoV-2 pathogen) is practically starting from scratch as significant losses have been recorded since the outbreak in December 2019. This paper focuses on the study of the available historical operational data (provisional and fina...

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Main Authors: Stavroula P. Kitsou, Nikitas Spiros Koutsoukis, Panos Chountalas, Nikolaos P. Rachaniotis
Format: Article
Language:English
Published: MDPI AG 2022-03-01
Series:Aerospace
Subjects:
Online Access:https://www.mdpi.com/2226-4310/9/3/143
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author Stavroula P. Kitsou
Nikitas Spiros Koutsoukis
Panos Chountalas
Nikolaos P. Rachaniotis
author_facet Stavroula P. Kitsou
Nikitas Spiros Koutsoukis
Panos Chountalas
Nikolaos P. Rachaniotis
author_sort Stavroula P. Kitsou
collection DOAJ
description The aviation industry in the COVID-19 pandemic era (caused by the SARS-CoV-2 pathogen) is practically starting from scratch as significant losses have been recorded since the outbreak in December 2019. This paper focuses on the study of the available historical operational data (provisional and final) of international passenger traffic to and from the Hellenic airports. The data originated from the official state statistics agency (Hellenic Civil Aviation Authority, HCAA). A forecasting model was developed to provide an estimation of the international passenger traffic at the Hellenic airports from August to December 2021. Through this analysis, the severe impact of two lockdown events and how they will affect the expected recovery rate of air travel is demonstrated. From this perspective, some first conclusions can be drawn about the expected recovery of international air travel to the growth rates of the 2019 pre-pandemic levels.
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spelling doaj.art-87cab9b10d5f4d3d9e383be44e2cfc4f2023-11-30T10:27:56ZengMDPI AGAerospace2226-43102022-03-019314310.3390/aerospace9030143International Passenger Traffic at the Hellenic Airports: Impact of the COVID-19 Pandemic and Mid-Term ForecastingStavroula P. Kitsou0Nikitas Spiros Koutsoukis1Panos Chountalas2Nikolaos P. Rachaniotis3Hellenic Civil Aviation Authority, 16777 Athens, GreeceDepartment of Political Science & International Relations, School of Social & Political Sciences, University of Peloponnese, 20132 Corinth, GreeceDepartment of Business Administration, University of Piraeus, 18534 Piraeus, GreeceDepartment of Industrial Management & Technology, University of Piraeus, 18534 Piraeus, GreeceThe aviation industry in the COVID-19 pandemic era (caused by the SARS-CoV-2 pathogen) is practically starting from scratch as significant losses have been recorded since the outbreak in December 2019. This paper focuses on the study of the available historical operational data (provisional and final) of international passenger traffic to and from the Hellenic airports. The data originated from the official state statistics agency (Hellenic Civil Aviation Authority, HCAA). A forecasting model was developed to provide an estimation of the international passenger traffic at the Hellenic airports from August to December 2021. Through this analysis, the severe impact of two lockdown events and how they will affect the expected recovery rate of air travel is demonstrated. From this perspective, some first conclusions can be drawn about the expected recovery of international air travel to the growth rates of the 2019 pre-pandemic levels.https://www.mdpi.com/2226-4310/9/3/143COVID-19Hellenic airportsinternational passenger traffictime series forecasting
spellingShingle Stavroula P. Kitsou
Nikitas Spiros Koutsoukis
Panos Chountalas
Nikolaos P. Rachaniotis
International Passenger Traffic at the Hellenic Airports: Impact of the COVID-19 Pandemic and Mid-Term Forecasting
Aerospace
COVID-19
Hellenic airports
international passenger traffic
time series forecasting
title International Passenger Traffic at the Hellenic Airports: Impact of the COVID-19 Pandemic and Mid-Term Forecasting
title_full International Passenger Traffic at the Hellenic Airports: Impact of the COVID-19 Pandemic and Mid-Term Forecasting
title_fullStr International Passenger Traffic at the Hellenic Airports: Impact of the COVID-19 Pandemic and Mid-Term Forecasting
title_full_unstemmed International Passenger Traffic at the Hellenic Airports: Impact of the COVID-19 Pandemic and Mid-Term Forecasting
title_short International Passenger Traffic at the Hellenic Airports: Impact of the COVID-19 Pandemic and Mid-Term Forecasting
title_sort international passenger traffic at the hellenic airports impact of the covid 19 pandemic and mid term forecasting
topic COVID-19
Hellenic airports
international passenger traffic
time series forecasting
url https://www.mdpi.com/2226-4310/9/3/143
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