France aviation industry is expected to see a CAGR of 1.7% during the period (2019-2025). As per the International Civil Aviation Organization (ICAO), France registered the third-largest number of flights and the fourth largest number of passenger seats in 2019. The country’s air connectivity grew by 33.0% between 2013 and 2018. France is continuously exploring innovative solutions in its aviation industry. France has successfully implemented automated border control (ABC) systems towards using facial recognition which subsequently expanded the number of travelers. Though, the outbreak of the COVID-19 pandemic has affected the aviation industry of France due to the nationwide restrictions on international travel, as announced by the Government of France on March 14, 2020.

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France aviation industry is segmented into passenger airlines, cargo airlines, aircraft manufacturing, airport management, and catering & other services. Based on the segmentation, the passenger airline segment is anticipated to get highly affected along with catering & other services. Passenger airline is the largest segment contributing to the aviation industry. A passenger airline is an airline dedicated to the transport of passengers. There are several types of passenger airlines including mainline airlines, regional airlines, low-cost carriers, business class airlines, charter airlines, flag carriers, and others. The cargo airline segment in France is showing the highest CAGR of 4.8% during the forecast period. Cargo airlines are the airfreight carriers mainly dedicated to transport cargo by air. It is a costlier means of transport however used to transport necessary and costlier goods all across the globe, at a very fast rate as compared to road, railway, and marine routes.

Moreover, the major France-based aviation companies such as Air France KLM-SA, Airbus SE, ASL Airlines France, Dassault Group, Air Corsica, and Airlinair. Air France?–?KLM Group has taken strong measures and drastically reduced its flight activity less than 10% of last year’s level, for the next few months, effective from April 2020. The company witnessed a huge loss due to the pandemic, that is, the revenue fell by 15.5% or $5.64 billion in the first quarter of 2020. The company faced an overall operating loss of approximately $916.4 million in the first quarter. The company received $7.9 billion French-backed rescue aid. The company also expects to cut down the monthly cash burn to $450 million in the second quarter. However, the operating losses are projected to increase further, as 95% of flights are expected to remain grounded due to several travel restrictions to prevent the spread of the COVID-19 pandemic.

Research Methodology

OMR global recently published a report addressing the impact of COVID-19 on the France aviation industry. The study is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data. Different approaches have been worked on to derive the market value and market growth rate. In the report, the analysis of the country is provided by analyzing various regional players, laws and policies, consumer behavior, and macro-economic factors. The report includes an analysis of different regions and countries and the effect of COVID-19 on the aviation industry of each respective region. Besides, an expected recovery timeline of the industry will also be included with the best- and worst-case scenario which will aid clients to take their future steps in the decision-making process.

Sources Include

• Financial reports of companies involved in the market
• Whitepapers, research-papers, and news blogs
• Company websites and their product catalog
• Government Organizations Reports

The report provides an in-depth analysis on market size, intended quality of the service preferred by consumers. The report will serve as a source for 360-degree analysis of the market thoroughly integrating different models.

The Report Covers

• Comprehensive research methodology of France aviation industry.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting France aviation industry.
• Insights about market determinants which are stimulating France aviation industry.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.