The world’s airlines say they won’t recover until 2024, reflecting a new wave of pessimism as the pandemic rages on

Business Insider | Aug 2, 2020 at 2:00 AM
  • The International Air Transport Association (IATA), a global trade group representing most of the world’s major airlines and cargo carriers.
  • Other leading analysts, including Jamie Baker of JPMorgan and Andrew Didora of Bank of America, also continue to suggest a similar timeline, pointing to 3-4 year targets in recent research notes.
  • And now, the airlines themselves agree: The road back to “normal” won’t just be rough, but long.