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Global airport association predicts “strong recovery” in second half of 2021
March 26th 2021
Airports Council International (ACI) World director general, Luis Felipe de Oliveira, said overnight the signs were increasingly positive that there would be a strong recovery in air travel later this year. Read More » “We see positive indications in countries with high rates of vaccination. ACI World has identified an escalation of these encouraging signs and prospects for recovery with a surge in travel in the second half of 2021 expected,” de Oliveira said. “We hope an upsurge in confidence in air travel, provided by vaccination and safety measures, will result in the numbers of people traveling outside their countries to start this spring and significantly increase by mid-year."
Notwithstanding the encouraging outlook, the airport lobby group's latest advisory bulletin said approximately seven billion fewer passengers were expected to travel in 2021 compared with pre-COVID-19 numbers. As a consequence, airport revenues are forecast to be US$94 billion lower this year, about 50% less than predicted for the sector before the outbreak of the pandemic.
