Connect with us

Hi, what are you looking for?

World News

Asia-Pacific airline traffic recovery seen to accelerate as rules ease

SYDNEY — Passenger airline traffic in the Asia-Pacific region should recover to around 73% of 2019 levels by year-end as travel restrictions relax, up from 53% in August, the Asia-Pacific head of airline industry group IATA said on Tuesday.

“There is no mistaking I think the momentum is very strong especially with all major markets in the Asia-Pacific now open except for China,” IATA Regional Vice President, Asia Pacific, Philip Goh told reporters on a webinar.

Asia’s aviation recovery has lagged other parts of the world in large part because of China’s ongoing border closures that have kept its international passenger numbers averaging only 2% to 3% of pre-pandemic levels, according to IATA data.

The year-end traffic estimate is based on China opening its borders soon, though the actual date remains unclear, Mr. Goh said.

In positive news for airlines, Japan resumed visa-free travel for tourists on Tuesday, Taiwan will end quarantine for arrivals on Thursday and Hong Kong stopped quarantine last month.

International passenger traffic in the region was at 35% of 2019 levels in August, according to IATA, which estimates it will take until 2025 to reach pre-pandemic levels. — Reuters

    You May Also Like


    The head of the International Monetary Fund has warned of increased risks to the stability of the financial system after weeks of banking sector...


    1.22 billion people use Instagram every month. That’s a huge number of Instagrammers trying to hit it big on the platform all at the...


    The Home Office has made next to no progress in tackling criminal fraud during the past five years, despite it having become Britain’s most...


    Since the rise of online casinos, cybersecurity has become a major concern for both casino operators and players alike. The transactions that go around...

    Disclaimer:, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2023 | All Rights Reserved