Global air travel is recovering more slowly than expected and will take until until 2024 to return to pre-pandemic levels, the trade association for the airline industry said Tuesday. The International Air Transport Association pushed back its prediction by one year due to the slow containment of the outbreak in the U.S. and developing countries. IATA chief economist Brian Pearce said Tuesday during an online briefing for journalists, air travel is not rebounding along with rising levels of business confidence in Europe, the U.S. and China. Traffic was down 86.5% in June from the same month a year ago, compared with a drop of 94.1% in April. source