Aftershocks of the aviation crisis will extend to 2023: IATA
Any comeback by the beleaguered airline industry will extend into 2023, according to new data released by the International Air Transport Association (IATA).
IATA estimates that passenger traffic won’t rebound to pre-crisis levels until at least 2023. It expects that global passenger demand in 2021 will be 24% below 2019 levels and 32% lower than the forecast the association made in October 2019.
The new data is based on a slower opening of economies and relaxation of travel restrictions. Lockdowns and shelter-in-place orders could return if the virus comes back strong in the fall and winter with a second wave, as some health officials have predicted.
In addition, another contributing factor is quarantine measures that have been instituted by various countries as well as individual states in the U.S. According to IATA, 69% of recent travellers that it surveyed said they would not consider traveling if it involved a 14-day quarantine period once they arrive at their destination. IATA is asking governments to find alternatives to the quarantine measures.
Of course, all of this is contingent upon the public’s willingness to fly—and instilling confidence in that will take time, said IATA’s director general and CEO, Alexandre de Juniac.
“To protect aviation’s ability to be a catalyst for the economic recovery, we must not make that prognosis worse by making travel impracticable with quarantine measures,” he said. “We need a solution for safe travel that addresses two challenges. It must give passengers the confidence to travel safely and without undue hassle, and it must give governments confidence that they are protected from importing the virus.”