Global airline passenger traffic will not return to pre-Covid-19 levels until 2024, a year later than previously projected, global industry body International Air Transport Association warned on Tuesday.
This suggests that the global airline industry — hard hit by the stringent travel restrictions put in place by governments across the world to curb the spread of Covid-19 — is likely to start recovering only in 2024.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.
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Global stocks subdued, while gold soars to record highEuropean markets nurse the sting of their first weekly drop in four as the euro enjoys its fastest gains since early 2016
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