The recovery in global air travel continues to support forecasts of a return to 2019 levels of traffic in 2024 at the aggregate level, against a backdrop of slow economic growth as per IATA. Speaking at the World Financial Symposium, IATA Chief Economist Marie Owens Thomsen said: “The global GDP growth was expected to come in at around 3% this year, which is half the growth experienced in 2021. Emerging economies will bear the brunt of the challenges this creates. At the same time, spectacular job growth should help allay the impact of rising inflation and interest rates.” Owens Thomsen
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