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1 Credit Suisse Asset Management (2020): Flying has never been safer, in spite of Boeing 737 Max, Thematic Insights, Credit Suisse Asset Management, April 2020.
2 Source: Aviation Safety Network (2023), URL: https://aviation-safety.net/database/dblist.php?Year=2022, April 24, 2023.
3 Source: ICAO (2019): The world of air transport in 2019, URL: https://www.icao.int/annual-report-2019/Pages/the-world-of-air-transport-in-2019.aspx, April 27, 2023.
4 Source: ICAO (2020): The world of air transport in 2020, URL: https://www.icao.int/annual-report-2020/Pages/the-world-of-air-transport-in-2020.aspx#:~:text=Scheduled%20international%20freight%20capacity%20in,increased%20to%2057%20per%20cent, April 27, 2023.
5 Sources: ICAO (2021): The world of air transport in 2021, URL: https://www.icao.int/sustainability/WorldofAirTransport/Pages/the-world-of-air-transport-in-2021.aspx#:~:text=According%20to%20ICAO%27s%20preliminary%20compilation,a%2019.2%20per%20cent%20increase, April 27, 2023. German Aviation Association (2023): Wie sicher war Luftverkehr im Jahr 2022? [How safe was air travel in 2022?], URL: https://www.bdl.aero/de/publikation/wie-sicher-war-luftverkehr-im-jahr-2022/, April 27, 2023.
6 Source: ICAO (2023): ICAO forecasts complete and sustainable recovery and growth of air passenger demand in 2023, February 8, 2023, URL: https://www.icao.int/Newsroom/Pages/ICAO-forecasts-complete-and-sustainable-recovery-and-growth-of-air-passenger-demand-in-2023.aspx, April 27, 2023.
7 In 2019 this statistical figure was 1 to 16 million. In other words,·taking a flight had become around 61 times safer than it was back in the 1970s (source: German Aviation Association (2020): Luftfahrt aktuell #1/2020: Fakten und Hintergründe zum deutschen Luftverkehr [Aviation Today #1/2020: Facts and background on German aviation], January 2020, p. 1).
8 Source: Airliners.de (2022): So sicher ist Fliegen [How safe flying really is], URL: https://www.airliners.de/antworten-cockpit-15-fliegen/37718, April 27, 2023. See in addition footnote 6 on A, B, C, and D checks in Credit Suisse Asset Management (2020): Flying has never been safer, in spite of Boeing 737 Max.
9Source: German Aviation Association (2020): Was macht Luftverkehr in Corona-Zeiten sicher? [What makes aviation safe in the COVID-19 era?], URL: https://www.bdl.aero/de/publikation/was-macht-luftverkehr-in-corona-zeiten-sicher/, April 26, 2023.
10A study by the US agency Centers for Disease Control Prevention (CDC) confirms the importance of wearing face masks and of ventilation system during flights. For the study, researchers examined a long-distance flight from Dubai (United Arab Emirates) to Auckland (New Zealand). During the flight, four passengers were infected by one or two people who had already been infected before they boarded the aircraft. Two of the infected passengers had not worn face masks during the flight (source: CDC (2021): Genomic evidence of in-flight transmission of SARS-CoV-2 despite predeparture testing, March 2021, URL: https://wwwnc.cdc.gov/eid/article/27/3/20-4714_article, April 26, 2023.
11 Source: Fraunhofer Institut (2023): Luftqualität in der Flugzeugkabine [Air quality in the aircraft cabin], URL: https://www.ibp.fraunhofer.de/de/kompetenzen/umwelt-hygiene-sensorik/luftqualitaet-im-innenraum/luftqualitaet-in-der-flugzeugkabine.html, April 26, 2023.
12 Source: IATA (2023): Cabin air and low risk of on-board transmission, URL: https://www.iata.org/en/youandiata/travelers/health/low-risk-transmission/, April 28, 2023.
13 Source: Harvard T.H. Chan School of Public Health (2020): Assessment of risks of SARS-CoV-2 transmission during air travel and non-pharmaceutical interventions to reduce risk, URL: https://cdn1.sph.harvard.edu/wp-content/uploads/sites/2443/2020/10/HSPH-APHI-Phase-One-Report.pdf, April 28, 2023.
14 Source: DW (2021): Faktencheck: Wie groß ist die Ansteckungsgefahr im Flugzeug? [Fact check: What's the infection risk in an aircraft?],·URL: https://www.dw.com/de/faktencheck-wie-gro%C3%9F-ist-die-ansteckungsgefahr-im-flugzeug/a-57310652, April 26, 2023.
15 Source: SPIEGEL Panorama (2019):What a coach recommends against the fear of flying[Was ein Coach gegen Flugangst empfiehlt],·URL: https://www.spiegel.de/panorama/flugangst-die-autofahrt-zum-airport-ist-gefaehrlicher-als-der-flug-a-1261895.html, May 25, 2023.
16 Source: Flüge.de (2023): So sicher ist fliegen [How safe flying really is], URL: https://www.xn--flge-1ra.de/ratgeber/infografik-sichere-verkehrsmittel-wie-sicher-ist-fliegen/, April 27, 2023.
17 ·Source: IATA (2023): IATA releases 2022 airline safety performance, March 7, 2023, URL: https://www.iata.org/en/pressroom/2023-releases/2023-03-07-01/, April 27, 2023.
18 By pure-play, we mean companies that generate at least 50% of their revenues directly from the relevant theme.