Air passenger traffic will resume the pre-pandemic level in 2023

Air passenger traffic will resume the pre-pandemic level in 2023

Global passenger traffic will return this year to its pre-coronavirus levelestimated on Wednesday the International Civil Aviation Organization (ICAO).

This estimate foresees a new increase in air transport after one year 2022 in which the number of passengers reached 74% of the volume registered in 2019the last full year before covid-19.

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Passenger traffic was reduced by 60% in 2020 compared to the previous year. In 2021, it was still 49% lower than in 2019, according to the UN agency based in Montreal (Canada).

ICAO estimates that “demand will quickly return to pre-pandemic levels in most destinations during the first quarter” of 2023, according to a statement.

Calculate that by the end of the year the number of travelers will be about 3% higher than in 2019 and expects it to increase up to 4% above this year 2024.

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The organization hopes that the sector recover operating profitability (profits before taxes, depreciation and amortization) in the last quarter of 2023, “after three consecutive years of losses”.

Several airlines returned to profit, due to the renewed appetite for tourism and air travel, which was not diminished by the sharp increases in rates. (YO)

Source: Eluniverso

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