Airlines
IATA Laments Unexpectedly Weak Traffic Improvements in June
The resurgence of Covid cases in the U.S. and in some parts of Europe has dampened expectations for traffic improvements this year.

Airlines have seen a modest increase in airline traffic since the so-called Covid lockdown period in April but the rise in June has proved unexpectedly weak, International Air Transport Association officials reported Tuesday. As a result, IATA now projects a 63 percent decline in revenue passenger kilometers (RPKs) during the second half of the year in relation to the same period in 2019, compared with its earlier forecast for a 50 percent drop. It also sees a return to 2019 traffic levels in 2024, a year later than it projected in its last forecast.