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Airlines cut global traffic forecast on recovery setbacks By Reuters

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© Reuters. FILE PHOTO: IATA logo is seen at the International Tourism Trade Fair ITB in Berlin

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PARIS (Reuters) – Air traffic will recover more slowly than previously expected from the COVID-19 pandemic, as vaccination delays and government “risk aversion” slows market opening, global airlines body IATA said on Wednesday.

Global traffic this year will amount to 43% of pre-crisis levels based on passenger numbers and distance flown, the International Air Transport Association said, below the 51% it had forecast late last year.

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