{"id":393149,"date":"2022-01-12T21:03:51","date_gmt":"2022-01-12T18:03:51","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/omicron-causes-sharp-drop-in-airline-ticket-sales-iata\/"},"modified":"2022-01-12T21:03:51","modified_gmt":"2022-01-12T18:03:51","slug":"omicron-causes-sharp-drop-in-airline-ticket-sales-iata","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/omicron-causes-sharp-drop-in-airline-ticket-sales-iata\/","title":{"rendered":"#Omicron causes sharp drop in airline ticket sales: IATA"},"content":{"rendered":"

“#Omicron causes sharp drop in airline ticket sales: IATA<\/strong>”<\/p>\n

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Airline ticket sales have fallen sharply since the end of 2021, the International Air Transport Association (IATA) said Wednesday, blaming governments for having “over-reacted” to the Omicron COVID variant by closing borders.<\/p>\n

IATA, which groups over 290 airlines, said international air travel<\/a> had been slowly but steadily recovering from the mass shutdowns of 2020 and early 2021 before the fast-spreading Omicron strain was discovered at the end of November.<\/p>\n

Ticket sales in November were 60.5 percent below their pre-pandemic November 2019 level, marking an improvement on the 64.8 percent decline recorded a month earlier.<\/p>\n

“Unfortunately, governments over-reacted to the emergence of the Omicron variant at the close of the month and resorted to the tried-and-failed methods of border closures, excessive testing of travelers and quarantine to slow the spread,” IATA president Willie Walsh accused.<\/p>\n

As a result, he said, the industry was bracing for “a more difficult first quarter than expected.”<\/p>\n

IATA’s members account for 83 percent of global air traffic.<\/p>\n

In October, the association forecast cumulative industry losses of $11.6 billion in 2022, down from an estimated $51.8 billion in 2021 and $137.7 billion in 2020.<\/p>\n

IATA said it expected US airlines to turn profits again this year but that European carriers, which operate more long-haul flights and are therefore more exposed to border closures, would remain in the red.\n <\/p>\n\n

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Airlines to lose $51.8 bn in 2021, stay in red in 2022: IATA\n <\/p><\/div>\n

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\n \u00a9 2022 AFP<\/p>\n

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Citation<\/strong>:
\n Omicron causes sharp drop in airline ticket sales: IATA (2022, January 12)
\n retrieved 12 January 2022
\n from https:\/\/techxplore.com\/news<\/a>\/2022-01-omicron-sharp-airline-ticket-sales.html<\/p>\n

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