WASHINGTON, July 28: The International Air Transport Association (IATA), Tuesday, warned that the air travel will not return to pre-COVID-19 levels until 2024.
“Global passenger traffic revenue will not return to pre-COVID-19 levels until 2024, a year later than previously projected,” said IATA in a statement.
It noted that the recovery in short-distance travel is still expected to happen faster than long-distance travel, and yet recovery will decline to levels before COVID-19 also for a year from 2022 to 2023.
According to IATA, the recovery in global aviation traffic in June was slower than expected, as it fell by 86.5 percent compared to the same period last year.
IATA Director-General and Chief Executive Alexandre de Juniac said that the expectations based on the aforementioned data are “bad news for airlines.” (KUNA)