Airbus sees signs of gradual recovery in PHL market - BusinessWorld Online

“In February, the Philippines reopened its borders to fully vaccinated travelers. We are encouraged that more countries are easing restrictions, which will contribute to air travel recovery in the region,” Airbus Asia-Pacific President Anand Stanley told“Airbus is seeing a gradual recovery in the air transport market in Asia-Pacific, with several governments moving to ease border and quarantine measures,” he noted.

Airlines are also allowed to operate at full capacity in the capital region and 38 other areas placed under the Alert Level 1 status of the lockdown. But public travels between an area with a higher alert level classification and an area under Alert Level 1 will be limited to the capacity of the area at higher risk.

“There is a tremendous appetite for people to fly again, reconnect with families and friends, and to restart business,” Mr. Stanley said. “Of the demand for 17,620 aircraft, 13,660 are in the small category like the A220 and A320 Family. In the medium and long-range categories, Asia-Pacific will continue to drive demand with some 42% of global requirement. This translates to 2,470 medium and 1,490 large category aircraft,” the company said in a statement posted on its website.

مصر أحدث الأخبار, مصر عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Foreign Investment Act amendments to boost recovery, DTI says - BusinessWorld OnlineThe amended Foreign Investments Act is likely to support the economic recovery after the coronavirus disease 2019 (COVID-19) pandemic because of the resulting increase in foreign investment, the Department of Trade and Industry (DTI) said. Trade Secretary Ramon M. Lopez said in a statement Friday that Republic Act No. 11647, which amended the Foreign Investments […]
مصدر: bworldph - 🏆 9. / 68 اقرأ أكثر »

Bill easing investment limits signed - BusinessWorld OnlinePhilippine President Rodrigo R. Duterte has signed into law a bill that relaxes restrictions on foreign investments. Republic Act 11647, which he sigend on March 2, will change the three-decade-old Foreign Investments Act. The trade liberalization law allows foreign investors to invest in a local enterprise up to 100% of its capital. They may fully […]
مصدر: bworldph - 🏆 9. / 68 اقرأ أكثر »

PEZA sees vaccination progress boosting investment this year - BusinessWorld OnlineTHE PHILIPPINE Economic Zone Authority (PEZA) expects progress in the vaccination drive to further open up the economy, with the Philippines poised to attract more investment this year. PEZA Director General Charito B. Plaza said in a statement: “With the countrywide vaccine and booster inoculation, (we are) confident that PEZA can secure more investment pledges […]
مصدر: bworldph - 🏆 9. / 68 اقرأ أكثر »