That’s what Ryanair’s “big boss”, Michael O’Leary, has said, predicting this week at the World Travel Market, a strong return in passenger air traffic for next summer 2021. With an effective distribution of the vaccine, predicts a “beach invasion” across Europe and a return of up to 80% of pre-COVID short-distance traffic.
In contrast to the majority of executives from other airlines, and aviation organizations, they have been announcing a long and terrible period of recovery from the devastating effects of COVID in the travel sector, predicting up to about 5 years to match the demand for travel that we had prior to the arrival of Covid in early 2020.
However, in the same way O’Leary points out that just as demand will recover at high speed, he does not think the same about prices, where he does believe that it will take 3 or 4 years of recovery for agencies, hotels and airlines can re-apply similar rates to what they were used to.
Let’s trust O’Leary!