No indicators of demand restoration: World air passenger site visitors continues to fall, IATA says

Worldwide air passenger demand plunged 88.7% in February in contrast with the pre-Covid ranges of February 2019, in an additional drop from the 85.7% year-to-year decline recorded in January, mentioned the worldwide airline business physique.

In keeping with a Wednesday report by the Worldwide Air Transport Affiliation (IATA), that’s the “worst development end result” since July 2020. Efficiency in all areas worsened in comparison with January 2021.

Complete demand for air journey in February 2021 (measured in income passenger kilometers) was down 74.7% in comparison with February 2019. That was worse than the 72.2% decline recorded in January 2021 versus two years in the past.

“February confirmed no indication of a restoration in demand for worldwide air journey. In actual fact, most indicators went within the mistaken path as journey restrictions tightened within the face of constant issues over new coronavirus variants,” mentioned Willie Walsh, IATA’s Director Common.

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Information present that Asia-Pacific airways’ February site visitors was down 95.2% in comparison with February 2019. The area continued to undergo from the steepest site visitors declines for an eighth consecutive month, IATA mentioned.

European carriers recorded an 89% decline in site visitors in February versus February 2019, considerably worse than the 83.four% decline in January in comparison with the identical month in 2019.

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