According to association estimates, the CoV pandemic will bring immense losses of more than 200 billion dollars to the international aviation industry.
For this year, a minus of the equivalent of 44,7 billion euros can be expected, according to Willie Walsh, General Director of the global airline association IATA. At the same time, however, he also emphasized that the crisis had bottomed out. For 2022, the industry organization still expects red numbers of around twelve billion dollars, until the bottom line of the industry will be profitable again in 2023. The ORF reports.
Domestic flights in some markets have now almost reached pre-pandemic levels. That shows that people want to travel, said Walsh. At the same time, he demanded that CoV measures should only remain in force as long as they were really needed. The industry combines hopes for a further recovery with the reopening of entry to the USA for vaccinated travelers, including those from the EU, announced for the beginning of November.