Aircraft maker Boeing expects it will take another two and a half years for global aviation to return to pre-pandemic levels.
According to the BBC, its vice president of commercial marketing, Darren Hulst, said, “The industry recovers to 2019 levels of traffic by the end of 2023, early 2024”, and domestic flights would be at the forefront of any recovery.
Boeing predicts that long-haul international routes would take the longest to recover, in part because of government restrictions.
According to Boeing, these must be relaxed in order to enable “the recovery of the pent up demand that exists already in the marketplace”.
Passenger numbers fell 60% to 1.8 billion last year, and the industry lost $ 126 billion, according to IATA aviation association, which said it was the worst year ever.
Boeing says the strength of the global economy is key to recovering from the crisis. Using data from IHS Economics points out that “the global economy is actually trending back towards where it would have been had the virus not actually happened”.
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