Speaking to CNA on the sidelines of the IATA Annual General Meeting in the Turkish city of Istanbul, the body’s director general Willie Walsh also noted thatsustainability push will also inevitably lead to higher costs"The pandemic years are behind us and borders are open as normal," Mr Walsh told IATA's annual summit of some 300 carriers on Monday, where he alsoWhile the industry had learned from previous downturns to reduce capacity quickly, the pandemic was different, Mr Walsh...
“Across the world, we are seeing problems with the supply chain, particularly spare parts from engine manufacturers, which have slowed down the reintroduction of aircraft that were grounded,” he added. “Ultimately, this will be reflected in ticket prices. I think it's a fallacy for people to believe that you can transition to net zero at no cost. There is a huge cost associated with decarbonising any industry,” he said.
“I think the debate now is whether that new generation aircraft will be powered by conventional kerosene, or is there going to be a hydrogen-powered source? And there's a disagreement depending on who you talk to there,” said Mr Walsh.
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