Domestic air travel down 70%, recovery likely to be slow: IATA

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While domestic markets will open sooner than long-haul, the damage done to consumer confidence will undermine a quick recovery, Brian Pearce, chief economist with the International Air Transport Association, told journalists on a conference call.

“The economic environment that we are expecting over the next six months is really not conducive to any substantial return to air travel for financial reasons… which is why we are expecting to see that recovery in the third quarter to be relatively modest,” Pearce said.