Global air travel demand not expected to recover to the pre-COVID-19 era for at least 3 years, warns Moody's

Moody's Investors Service has warned that airline passenger numbers are not expected to recover to the pre-coronavirus era till at least 2023. The fall in demand may last even longer as the recovery depends on how fast health and safety concerns are alleviated. With the rising coronavirus cases across the US, moody's analysts told that passenger demand may align with slower recovery if strict quarantine measures are reinforced.