Airline industry sees long-term rebound for sector

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The International Air Transport Association (IATA) said it doesn't expect world air traffic to resume to its pre-pandemic level before 2023.

In its latest look at trends for the sector, the International Air Transport Association said it doesn't expect world air traffic to resume to its pre-pandemic level before 2023.

Boeing, for its part, forecasts that airlines will need 43,110 new aircraft through 2039, which will result in a near doubling of the global fleet. Asia alone will account for 40 percent of that demand. "With the simple demographic rise and the fact that people become richer there will be rising demand for air travel and thus for aircraft," he told AFP.

"It is a sign of social and economic maturity and permits experiences which were unthinkable for their parents." In 2019, air traffic declined by four percent in Sweden -- but it hit a record across Europe, according to the air traffic control body Eurocontrol."Someone who makes one flight per year in a plane, do you really believe that they will say that it is too polluting and give it up?" he said.

 

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