Aviation
Airline passengers numbers forecast to return to pre-pandemic levels late next year
Leasing firm Avolon says sector set to “thrive” this year, driven largely by the reopening of China
Global airline passenger numbers are forecast to return to pre-pandemic levels by the end of next year, according to a new report from PwC.
Today’s Aviation Industry Review and Outlook predicts a 21 per cent increase in revenue paying passenger per kilometre in 2023, followed by a 17 per cent increase in 2024.
Outbound travel and the reopening of China following the lifting of Covid-19 restrictions, meanwhile, are likely to lead to increased demand this ...