SINGAPORE: In the past two years during the pandemic, many people have left the aviation industry - some laid off, some by their own volition - and they may not return.
If resources like manpower cannot keep pace, airlines will have limitations as to how much capacity they can put back, he said. This is despite the projection that the global aviation industry will lose about US$9.7 billion this year. In Asia Pacific, this figure is expected to be about US$8.9 billion, Mr Goh said.
Another factor for slower recovery in the region is China’s zero-COVID policy, said Mr Goh. The policy discourages domestic travel and where many other countries have removed restrictions for international passengers, China requires polymerase chain reaction tests to be taken.
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