Asia-Pacific airline traffic recovery to accelerate as rules ease -IATAA

SYDNEY- Passenger airline traffic in the Asia-Pacific region should recover to around 73 percent of 2019 levels by year-end as travel restrictions relax, up from 53 percent in August, the Asia-Pacific head of airline industry group IATA said on Tuesday.

“There is no mistaking I think the momentum is very strong especially with all major markets in the Asia-Pacific now open except for China,” IATA Regional Vice President, Asia Pacific, Philip Goh told reporters on a webinar.

Asia’s aviation recovery has lagged other parts of the world in large part because of China’s ongoing border closures that have kept its international passenger numbers averaging only 2 percent to 3 percent of pre-pandemic levels, according to IATA data.

The year-end traffic estimate is based on China opening its borders soon, though the actual date remains unclear, Goh said.

In positive news for airlines, Japan resumed visa-free travel for tourists on Tuesday, Taiwan will end quarantine for arrivals on Thursday and Hong Kong stopped quarantine last month.

International passenger traffic in the region was at 38 percent of 2019 levels in August, according to IATA, which estimates it will take until 2025 to reach pre-pandemic levels.

Read Next

Don’t miss out on the latest news and information.

Subscribe to INQUIRER PLUS to get access to The Philippine Daily Inquirer & other 70+ titles, share up to 5 gadgets, listen to the news, download as early as 4am & share articles on social media. Call 896 6000.

For feedback, complaints, or inquiries, contact us.

For all the latest Business News Click Here 

 For the latest news and updates, follow us on Google News

Read original article here

Denial of responsibility! TheDailyCheck is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected] The content will be deleted within 24 hours.