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Tuesday, Oct 20, 2020

The world's airlines say they won't recover until 2024, reflecting a new wave of pessimism as the pandemic rages on

The world's airlines say they won't recover until 2024, reflecting a new wave of pessimism as the pandemic rages on

The International Air Transport Association, which represents most of the world's major airlines, said it does not expect the airline industry to recover from the coronavirus pandemic until 2024.. The timeline, along with recent comments from airline executives, reflects a new level of public pessimism about when business will return to normal.. Industry analysts offered that timeline as early as April, when airlines were painting a rosier picture. Here's what led the world's largest airline trade group to agree.
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