Originally Posted by
450knotOffice
Your statement is incorrect.
Here's the ACTUAL forecast, quoted from their own website today, February 16th:
- IATA’s baseline forecast for 2021 is for a 50.4% improvement on 2020 demand that would bring the industry to 50.6% of 2019 levels. While this view remains unchanged, there is a severe downside risk if more severe travel restrictions in response to new variants persist. Should such a scenario materialize, demand improvement could be limited to just 13% over 2020 levels, leaving the industry at 38% of 2019 levels.
Its like arguing which patient in the ICU is in better health. Either way you cut it, it’s really bad
