Staff resources the biggest headwind as the aviation industry gets back on its feet: IATA

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 66%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Recovery of the industry is on track, although Asia Pacific is lagging compared to other major regions.

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.

 

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

 /  🏆 6. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Asian stocks brace for salvo of central bank hikesSYDNEY: Share markets idled in Asia on Monday (Sep 19) as investors braced for a week littered with 13 central bank meetings that are certain to see borrowing costs rise across the globe and some risk of a
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »