Airline industry sees long-term rebound for sector

  • 📰 SBSNews
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 89%

Business News News

Business Business Latest News,Business Business Headlines

The International Air Transport Association says it doesn't expect world air traffic to resume to its pre-pandemic level before 2023.

After flying into the financial turbulence of the COVID pandemic, the airline sector expects passenger traffic to take off despite concerns about the industry's impact on climate change.

Boeing, for its part, forecasts that airlines will need 43,110 new aircraft through 2039, which will result in a near doubling of the global fleet. Asia alone will account for 40 percent of that demand. "With the simple demographic rise and the fact that people become richer there will be rising demand for air travel and thus for aircraft," he told AFP.

"Among Asia's emerging nations, one of the greatest aspirational goals is simply the ability to fly internationally," said the Center for Aviation . "For these new would-be flyers, the whole concept of 'flight shaming' at a grass roots level is grossly alien," said CAPA.Amid international outcry, Belarus' president defends diverting plane and arresting dissident

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

That’s probably when the pandemic will clear as well.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in BUSİNESS

Business Business Latest News, Business Business Headlines