July 28, 2020 / 12:25 PM / 14 days ago

IATA says airline traffic recovery to take longer than expected

PARIS, July 28 (Reuters) - Global airlines cut their coronavirus recovery forecast on Tuesday, saying it would take until 2024 - a year longer than previously expected - for passenger traffic to return to pre-crisis levels.

In an update on the crisis which has led to a collapse in travel demand, the International Air Transport Association cited slow virus containment in the United States and developing countries, and a weaker outlook for corporate travel outlook. (Reporting by Laurence Frost, Editing by Tim Hepher)

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