Covid variants and travel curbs threaten airline recovery - IATA
New restrictions now pose a "downside risk" to IATA's forecast return to 50% of pre-crisis passenger traffic levels in 2021, Director General Alexandre de Juniac said on Wednesday
FILE PHOTO: The International Air Transport Association (IATA) logo is seen at the International Tourism Trade Fair ITB in Berlin, Germany, March 7, 2018. REUTERS/Fabrizio Bensch
Global airlines are bracing for a slower recovery as governments respond to new Covid-19 variants with more travel curbs, the International Air Transport Association (IATA) said.
New restrictions now pose a "downside risk" to IATA's forecast return to 50% of pre-crisis passenger traffic levels in 2021, Director General Alexandre de Juniac said on Wednesday.
The clampdown "could make even that modest outlook very challenging", de Juniac said. IATA said global passenger traffic fell 66% and cargo demand by 10.6% in full-year 2020.
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