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.

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