One of the hardest truths to swallow about Covid-19 effects for true-blue travel fans is that leisure travel will be the very last industry to recover from this pandemic. Countries, after controlling the numbers of infected in their own territories, will understandably refuse to open their borders, fearing a resurgence.
And they’re right. Not only will cash-strapped people put travel spending in the backburner, it’s very likely that even if you had the funds, there are so many concerns and challenges to overcome.
The IATA (International Air Transport Association), the biggest air travel group, published on May 14 a new forecast about the potential recovery of air traffic.
And the news isn’t so good—experts and pundits peg “recovery” in 2023, which is later than many have been hoping for.
IATA’s CEO Alexandre de Juniac appeared on ABC Breakfast News to announce the group’s findings and recommendations.
“We have published today a new forecast about the potential recovery of the air traffic, and what we see is that things should come back to normal in 2023, which is later than our previous forecast,” he said. “That shows the importance and the severity of this crisis on air transport. We should join progressively the historical trends by the beginning of 2023.”
MORE THAN JUST GOVERNMENT RESTRICTIONS
IATA’s chief says much will depend on world governments’ lockdowns and restrictions easing, but also, beyond rules and laws, traveler confidence.
This story is from the May 24, 2020 edition of Manila Bulletin.
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This story is from the May 24, 2020 edition of Manila Bulletin.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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