Air travel forecast: when will airlines recover from covid-19?
Date created: Fri, Jul 9, 2021 4:53 PM
Date created: Fri, Jul 9, 2021 5:47 PM
Global commercial air traffic plummeted in the first quarter of 2020, as the Covid-19 pandemic took hold. In May 2020, we began making regular forecasts of how soon aviation demand will recover, based on four potential scenarios and the latest information. We’re now publishing those forecasts in this dashboard, which we will update regularly.
Date created: Sat, Jul 10, 2021 6:30 AM
The global outlook has worsened due to the Covid-19 Delta variant’s rapid spread, particularly in Asia. But air traffic is picking up in Europe and the US, ... Air Travel Forecast: When Will Airlines Recover from Covid-19? The MBS Group 20 August 2021. Share. The MBS Group
Date created: Sat, Jul 10, 2021 11:35 PM
By responding to these shifts decisively now, carriers should be able to look beyond the pandemic and adapt to the long-term realities of COVID-19. 1. Leisure trips will fuel the recovery. Business travel will take longer to recover, and even then, we estimate it will only likely recover to around 80 percent of prepandemic levels by 2024.
Date created: Sun, Jul 11, 2021 12:23 AM
COVID-19 An almost full recovery of air travel in prospect Brian Pearce Chief Economist 1 26th May 2021
Date created: Sun, Jul 11, 2021 4:17 AM
In 2021 global passenger numbers are expected to recover to 52% of pre-COVID-19 levels (2019). In 2022 global passenger numbers are expected to recover to 88% of pre-COVID-19 levels. In 2023 global passenger numbers are expected to surpass pre-COVID-19 levels (105%). By 2030 global passenger numbers are expected to have grown to 5.6 billion.
Date created: Sun, Jul 11, 2021 11:28 PM
Airline industry profits to be cut by 2025 due to carbon offset programmes. Carbon offset programmes were forecast (before the pandemic) to cut industry profits by up to 44% by 2025. A survey carried out by UBS in 2019 indicated that 16% of UK and 24% of US respondents were considering reducing their flights because of the environmental impact ...
Date created: Mon, Jul 12, 2021 2:44 PM
COVID-19: Implications for business. The airline industry is among the most affected by the COVID-19 crisis, and global air-passenger volume in August 2020 was still down around 64 percent compared with the same period in 2019. Yet the impact of the crisis has differed by type of travel.
Date created: Mon, Jul 12, 2021 10:14 PM
(CNN) — Global air travel won't recover from the Covid-19 crisis until 2024, the International Air Transport Association (IATA) announced Tuesday.
Date created: Tue, Jul 13, 2021 4:34 PM
Since March 2020, the coronavirus pandemic has battered U.S. commercial airlines, creating billions in losses, as passengers eschewed air travel. Although small signs of improvement have emerged, current market consensus believes that passenger traffic recovery will remain slow—with volumes unlikely to recover to pre-COVID levels until late 2023 or early 2024.
Date created: Wed, Jul 14, 2021 9:33 AM
In a COVID-19 context, a traveller would be able to securely obtain and store trusted, verifiable health credentials such as immunizations or their health status in their digital identity wallets. This would be combined with other trusted, verifiable identity data from public or private entities.
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