IATA says airline traffic recovery to take longer than expected

PARIS (Reuters) – Global airlines cut their coronavirus recovery forecast on Tuesday, saying it would take until 2024 – a year longer than previously expected – for passenger traffic to return to pre-crisis levels.

In an update on the crisis which has led to a collapse in travel demand, the International Air Transport Association cited slow virus containment in the United States and developing countries, and a weaker outlook for corporate travel outlook.

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