The coronavirus pandemic has severely affected air travel – both in the passenger and cargo sectors. At the moment, the situation in Europe and the world is still uncertain, so the date for the recovery of this important branch of transport is distant. Experts say that it will not happen earlier than 2024.
IATA (International Air Transport Association) has published a report in which it predicts the situation of aviation in the nearest future. According to the report, profits in the industry will fall by 20 percent. Air transport has never experienced such a great recession.
the year 2020 will be extremely difficult for the industry and will eliminate many entities from it. And when will the situation return to normal? Indicators may return to the state of 2019 at the earliest in 2024. Experts agree that this is the worst period in the history of aviation
We’ve had to further downgrade our expectations for #airline passenger recovery across Europe this year. That means more jobs at risk and more economic damage. Governments must cooperate and find alternatives to #COVID19 quarantines. See our release ?https://t.co/62sDWTtJZ5 pic.twitter.com/8yXH6dMYOe-
IATA (@IATA) August 13, 2020