IATA Expects Passenger Levels to Recover by 2024 at Latest

The International Air Transport Association (IATA) forecasts that the social and economic immobility caused by COVID-19, plunging passenger levels across the world, will take longer to recover than what was originally expected. During its weekly update meeting held today, IATA revealed that traffic will only recover to 2019 levels by 2023 at the earliest. IATA chief economist Brian Pearce said: “We think that COVID’s effects on air travel are certainly going to last for a number of years, with no…