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The International Air Transport Association (IATA) announced that international air passenger demand dropped 91.9% in July, year-on-year. The demand was a slight recovery from the previous month that posted a drop of 96.8%, year-on-year.
Alexandre de Juniac, the CEO of the IATA, said “The crisis in demand continued with little respite in July. With essentially four in five air travelers staying home, the industry remains largely paralyzed.”
Juniac added “Governments reopening and then closing borders or removing and then re-imposing quarantines does not give many consumers confidence to make travel plans, nor airlines to rebuild schedules,”
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