Airbus CEO says airline traffic recovery unlikely before 2024

The head of European planemaker Airbus said on Wednesday a recovery in global airline traffic to pre-pandemic 2019 levels was unlikely to take hold fully before 2024. CE Guillaume Faury told the UK Aviation Club that Airbus was still forecasting a recovery between 2023 and 2025 but that 2023 was now looking increasingly unlikely, noting ongoing airline losses and travel restrictions in China. <br/>