“International passenger traffic was down almost 89% and is showing no signs of recovery in the current environment,” IATA’s new director general Willie Walsh said at a presentation on Wednesday.
Brazil has registered more than 13 million cases since the pandemic began, while the official death toll has risen to 340,776, according to ministry data.
Zaks, speaking to the Economic Club of New York, said he expects the booster shots the company is testing to show a higher level of protection against variants of the coronavirus.
Brent crude futures lost 21 cents, or 0.3pc, to $62.53 a barrel by 11:15 a.m. EDT (1515 GMT) while U.S. West Texas Intermediate crude fell 25 cents, or 0.4pc, to $59.08.
Vaccine supply has increased significantly in the United States in recent weeks as Johnson & Johnson has begun making millions of doses of its recently authorized shots.
The government says the real case numbers are likely significantly higher, and separate data published recently by the health ministry suggested the actual coronavirus death toll may be at least 60pc above the confirmed figure.
Out of 12445 COVID-19 cases, 11747 have so far been recovered while 286 patients had lost their lives due to the contagion, daily situation report stated.
Deputy Commissioner Muhammad Ali said on Wednesday that anti-coronavirus SOPs were being implemented in true letter and spirit in the district by taking strict action against violators.
World Bank President said this week he expects the G20 to prolong the moratorium, which was introduced in April last year and extended in October, one last time until the end of 2021.