The International Air Transport Association (IATA) forecast for Travel in 2021 is 52% of 2019 levels. The estimate for 2022 is 88% of 2019. Only by the end of 2023 will it be 105% of 2019 levels. The demand for Air Travel in June 2021 was just 60.1% compared to June 2019.
The revised estimate for travel in 2030 is 7% lower than former pre Covid-19 estimates. All of this is of course, Travel in general. We all know that Corporate Travel has been affected more than travel in general.
The prognosis therefore, for back-to-normal when comes to Air Travel, is not very good. When corporate travel eventually comes back, there will be a new normal. There will be no going back to the old normal.