Travel Momentum Builds as Restrictions are Lifted Even Faster Progress is Needed
Source: IATA The International Air Transport Association (IATA) released data showing growing momentum in the recovery of air travel as restrictions are lifted. Improved Ticket Sales IATA reported a sharp 11-percentage point increase for international tickets sold in recent weeks (in proportion to 2019 sales). In the period around 8 February (7 day moving average) the number of tickets sold stood at 49% of the same period in 2019. In the period around 25 January (7 day moving average) the number of tickets sold stood at 38% of the same period in 2019. The 11-percentage point improvement between the January and February periods is the fastest such increase for any two-week period since the crisis began. Progressive Alleviation of COVID-19 [...]