{"id":365234,"date":"2020-07-29T10:43:04","date_gmt":"2020-07-29T05:13:04","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=365234"},"modified":"2020-07-29T10:43:04","modified_gmt":"2020-07-29T05:13:04","slug":"global-airlines-less-hopeful-on-covid-19-recovery","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/global-airlines-less-hopeful-on-covid-19-recovery\/","title":{"rendered":"Global airlines less hopeful on COVID-19 recovery"},"content":{"rendered":"<p>Global airlines cut their coronavirus recovery forecast on Tuesday, saying it would take until 2024 &#8211; a year longer than previously expected &#8211; for passenger traffic to return to pre-crisis levels.<\/p>\n<p>In an update on the pandemic&#8217;s crippling impact on air travel, the International Air Transport Association (IATA) cited slow virus containment in the United States and developing countries, and a weaker outlook for corporate travel.<\/p>\n<p>Lingering travel barriers and new restrictions in some markets are also weighing on nearer-term prospects, IATA said, cutting its 2020 passenger numbers forecast to a 55% decline &#8211; sharper than the 46% drop predicted in April.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Global airlines cut their coronavirus recovery forecast on Tuesday, saying it would take until 2024 &#8211; a year longer than previously expected &#8211; for passenger traffic to return to pre-crisis levels. In an update on the pandemic&#8217;s crippling impact on air travel, the International Air Transport Association (IATA) cited slow virus containment in the United States and developing countries, and a weaker outlook for corporate travel. Lingering travel barriers and new restrictions in some markets are also weighing on nearer-term prospects, IATA said, cutting its 2020 passenger numbers forecast to a 55% decline &#8211; sharper than the 46% drop predicted [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[188,139,130],"tags":[],"class_list":["post-365234","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/365234","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=365234"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/365234\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=365234"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=365234"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=365234"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}