Avolon Predicts Full Global Air Traffic Recovery In 2023

Shanghai

The return of air travelers from China and other Asian countries is expected to propel traffic back to 2019 levels.

Credit: Hector Retamal/AFP/Getty Images
Aircraft lessor Avolon said it expects global traffic to reach pre-pandemic levels by June, helped by strong growth in Asia following the reopening of China, but it warned the industry was facing an aircraft shortage and predicted manufacturers would delay delivery targets. Dublin-based Avolon made...

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