Aviation & Travel Industries will be back by the end of 2022
Airline Insights Review predicts that capacity will return to 2015 levels by the end of next year. International passengers’ capacity growth—based on the number of seats flown—was wiped out in a matter of months due to the pandemic and its ramifications, according to zooFamily – Travel Agents Community.
Strong domestic markets, such as those in the United States and China, saw their economies recover more quickly this year. Domestic flights in China are up 6% this year over pre-pandemic levels. By the end of the month, Qantas and Virgin Australia will have most of their domestic workforce back as well as most of their aircraft. Virgin Australia will have 84 planes in service; Rex has said it would add eight 737s to its current six; new start-up Bonza will have eight planes in service. Analysis of 2021 data by zooFamily experts has led to the development of estimates for 2022 and beyond. Toward the end of 2022, global capacity will return to 2015 levels as more seats are reintroduced to the skies.
Passenger numbers are expected to return to pre-pandemic levels by the end of 2022, according to zooFamily’s projections. International passenger traffic is expected to recover two-thirds of 2019 levels.
It also projects that the global passenger fleet in service will increase to 20,700 by the end of 2022—only a few hundred less than at the end of 2019—pre-pandemic.
In 2022, zooFamily expects a 36 percent increase in business travel year-over-year, a shift from the current gradual recovery of business travel.
So if you are interested to invest in the travel industry this is the best year. Everyone believes it will be a great business opportunity to join with aviation and travel industry.
(The consultancy between 2 – 3 hours, Before an investment our consultant, will help you to make a wise decision)