Moody’s revises outlook for global airline industry to positive | Malay Mail

Construction workers erect scaffolding at the site of metro station as an aircraft flies past in the southern Indian city of Chennai in this August 29, 2013 file photo. — Reuters picKUALA LUMPUR, May 11 — Moody’s Investors Service has changed the global airline industry outlook to positive from negative, reflecting its expectations of widespread increases in air travel starting in the second half of 2021 and accelerating through 2022.

“Increasing coronavirus vaccinations around the globe will allow governments to lower barriers to entry for visitors and re-entry for residents returning home. Moody’s said the restoration of the ability to travel will relieve the tremendous pent-up demand to fly to visit friends and relatives and for vacations.

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