IATA Forecasts for 2021-2024
The new COVID-19 vaccine is now available worldwide, which gives hope for the airlines to be able to shortly return to their regular operations. However, the analysis of the International Air Transport Association (IATA) forecast that, regardless of the COVID-19 vaccines and testing procedures being available, the demand for airline travel would take several years to recover. IATA predicts that the airlines might not return to their normal operations until the year 2024.