Ryanair Holdings Plc’s British-based pilots accepted a new pay deal with the airline, avoiding any potential strike and giving the carrier some relief amid a wave of action from staff across Europe.
“So long as there is a restriction of supply, and those quality companies, unable to supply because they have supply chain problems, demand will not shift,” said Clark, who added he’ll stay on at Emirates until it’s profitable again. Star Alliance, the biggest partnership group of global airlines, expects its members to operate at about 75% to 77% of their pre-pandemic capacity this year, Chief Executive Officer Jeffrey Goh said. The optimism among airlines is “calibrated,” he said.
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