MONTREAL: A full recovery for the global airline industry has now been stretched to 2024, a full year longer than the earlier forecast made just weeks ago. “Consumer confidence is depressed… and in many parts of the world [COVID-19] infections are still rising,” said Alexandre de Juniac, CEO of International Air Transport Association. “All of this points to a longer recovery period – and more pain for the industry.” Passenger numbers for June were down 86.5 per cent, following a 91 per cent contraction in May. TLTP
