“We have confidence that passenger traffic will return to 100 per cent by the end of this year, or close to 100 per cent,” executive director Steven Yiu says.
Regional airlines had pinned their hopes on a resurgence of outbound tourism from China post-pandemic. But some are now pivoting to India – or further afield – to fuel growth.
Airlines in China and the US are preparing for an increase in their direct routings, but the likelihood of a rapid return to 2019 levels of service is vanishingly small.