Regional Variations Weigh on Aviation's Recovery

Copyright © 2021 Energy Intelligence Group

A return to pre-pandemic operations for the global aviation sector is still several years away, even as widespread easing of travel restrictions unleashes pent up air travel and jet fuel demand. The US is pacing the recovery with other regions lagging far behind, according to latest assessments from the International Air Transport Association (IATA). The US move to lift the travel ban for vaccinated passengers from Europe and other countries from Nov. 8 opens up the lucrative trans-Atlantic corridor to more flights. But uneven recovery rates mean that Europe, Asia and the Middle East face a much longer road back to pre-pandemic levels.

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