Covid-19 crisis lasting since the very beginning of the year, made a significant impact on the aviation sector, that according to the aviation experts will cause a financial damage of approximately 110 billion Euros for all aviation stakeholders, i.e. the air navigation providers, airlines and the airports. These effects have not spared M-NAV either, thus resulting in significant drop in traffic of 92,2 % during the month of May, in comparison to the same month of the previous year (2019). The reduction in M-NAV’s income for the first 6 months is just above 4 million Euros. On European level, during the forthcoming months, taking into consideration all restrictions and limitation applied by the States health authorities, certain steps for graduate return to normal operations, were taken and the air traffic starts to increase. In April, EUROCONTROL presented two draft scenarios for graduate return to normal operations. The latest analysis depicts that the actual traffic is in line with the recommended coordinated scenario.
Source: EUROCONTROL
Compared to this scenarios M-NAV during the months of April, May and June presented lower results, where as in July has successfully provided service to 11282 overflights, which represents a drop of 62,1% in comparison to the same month previous year and this being in accordance with the coordinated scenario
M-NAV data is from in house statistics
The same rising trend continues in August also, thanks to the traffic that serves the passengers towards the summer holiday destinations in Turkey and Greece. We are joyfully welcoming every traffic increase, thus remaining completely dedicated to safe provision of service to our appreciated customers.