Domestic air traffic is down 70per cent globally and the recovery over the coming six months is likely to be slow due to the damage coronavirus has done to economic conditions, the industry's representative body IATA said on Tuesday.
FILE PHOTO: Air travelers wear face masks waiting to board a Southwest Airlines flight as the spread of coronavirus disease continues, at Oakland International airport in Oakland, California, U.S., April 9, 2020. REUTERS/Shannon StapletonPARIS: Domestic air traffic is down 70per cent globally and the recovery over the coming six months is likely to be slow due to the damage coronavirus has done to economic conditions, the industry's representative body IATA said on Tuesday.
While domestic markets will open sooner than long-haul, the damage done to consumer confidence will undermine a quick recovery, Brian Pearce, chief economist with the International Air Transport Association, told journalists on a conference call."The economic environment that we are expecting over the next six months is really not conducive to any substantial return to air travel for financial reasons...