Better Prepared To Deal With The Unforeseen

Peter Cerdá, Regional Vice-President, the Americas, International Air Transport Association (IATA) points out that: “The aviation value chain is finally coming out of the COVID-19 crisis, and we really need collaboration across all stakeholders in order to achieve a sustainable recovery.”

As for the question of whether 2023 will be the year of recovery, Cerdá told CTP that: “On a global scale, IATA foresees that domestic travel will generally recover in 2023 and that international traffic will regain pre-pandemic levels during 2024. Our latest passenger figures for Canada show that on the domestic side traffic is still 10% below pre-pandemic levels and well under 20% for international travel. Based on the rebound we have seen this year, the domestic market should fully recover in 2023, while the international market will most likely hit 2019 levels sometime late 2024 or mid-2025. ”

And he continued: “Nevertheless, we have seen the major Canadian airlines announce more destinations and frequencies for summer 2023, especially on long-haul routes.”

For the full story, check out FORECAST 2023 in the latest issue of CANADIAN TRAVEL PRESS.