Gradual recovery for aviation sector

The International Air Transport Association’s (IATA) has forecast for global air travel to only return to pre-pandemic levels by around the end-2023.

PETALING JAYA: The availability of vaccines in the country has certainly renewed optimism that air travel may return to normal soon even though experts believe any recovery will be gradual beginning in the first quarter of 2022.

Profitability for airlines may take much longer as most airlines, including AirAsia Group Bhd, are expected to continue to face tough operating conditions as there could be sporadic resurgence of Covid-19 infections.