Iata expects travel curbs to weigh on corporate and long-haul demand well into 2022
Airline losses from the coronavirus pandemic are set to surpass $200bn as travel curbs weigh on corporate and long-haul demand well into 2022, according to the industry’s main lobby.
The US is poised to open its borders to trans-Atlantic visitors next month, but other long-haul markets remain in the doldrums, especially those connecting Asia with Europe and North America. To aid the recovery, Walsh called on governments to simplify complex travel restrictions and allow vaccinated travellers to move freely between countries.
Walsh, previously CEO of British Airways owner IAG, offered some optimism to the gathering airline leaders, saying the sector is “well past the deepest point of the crisis,” and that “the path to recovery is coming into view.”
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