The 2022 travel forecasts by Bain & Company states that the Covid-19 Omicron variant’s surge continues to stall the travel recovery. It is projected that the global airline revenue for 2022 shall reach $432 billion in the baseline recovery scenario, representing 65% of 2019’s revenue. By the end of the year, global air travel demand could recover to 84% of 2019 levels in the baseline scenario.