Paris | global air traffic will not return to its pre-crisis level until 2024, due in particular to uncertainties about the open borders that weigh heavily on international travel, said on Tuesday the international air transport Association (Iata).
“We believe now that the level (of traffic) 2019 will not be reached until 2024, a year later than we had previously anticipated,” said Brian Pearce, the chief financial officer of Iata, during a press conference. He relied on a recovery in traffic slower than expected in may and June and the uncertainties that remain about the lifting of restrictions on the borders.
The second semester will see a recovery (in traffic) slower than we had hoped, we have already seen in may and June, ” he added, noting that the resurgence of the COVID-19 in a number of countries impeded the reopening of the borders.
The organization now believes that the fall in traffic in 2020 will be by 63% compared to 55% previously.
“The projections depend very much on the way in which countries control the virus,” he noted, estimating that the arrival of a vaccine against the COVID-19 could improve the situation of the airlines.
Furthermore, “the Uk has been arrested in connection with Spain, and this has created uncertainty”, he continued, noting finally the absence of re-massive links long-haul, “in particular for transatlantic travel”.
The organisation, which brings together 290 airlines, estimated to be 419 billion shortfall by 2020 for the sector, because of the crisis of the sars coronavirus. A decrease of one-half of global revenues for the commercial aviation sector.