HomeEconomicGlobal air passenger traffic expected to return to pre-pandemic levels by mid-year

Global air passenger traffic expected to return to pre-pandemic levels by mid-year


Sylvia Pfeiffer, Philip Georgiadis, Jude Webb, London, Dublin

China’s reopening to international travel will help push global air passenger traffic to pre-pandemic levels by the middle of the year, one of the world’s largest aircraft lessors said, even as a shortage of new planes continues to hamper the industry’s full recovery.

“Passenger traffic recovered 70% last year led by Europe and North America, while Asia will drive growth in 2023, helped by the recent reopening of China,” said Avolon, the world’s second-largest jet leasing company.

A report released by Avolon on Monday showed that for every two additional seats in global airline capacity…

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