Hong Kong’s role as an air transit hub has suffered due to its stringent entry rules enacted to curb Covid-19Rustiness is impeding the aviation industry's global recovery and it may take months or longer for some regions to get back to pre-pandemic levels, according to the boss of Australian carrier Qantas, with rising fuel costs pushing up ticket prices and labour shortages adding to woes.
"It is going to take time getting the system running and as efficient as it was before Covid and that may take a few weeks, a few months. In some cases, maybe a bit longer than that," he said. "We're confident in Australia, we will be there in a few weeks." Hong Kong passengers have not escaped the chaos experienced at European and Australian airports. About 150 of them were forced to rebook air tickets or lost their baggage after a flight route from Amsterdam into the city experienced multiple hiccups this month. Sydney airport has also been hit by flight cancellations and delays.
Another major issue is rising jet fuel prices due to the war in Ukraine which has meant higher ticket prices. In March, oil jumped to US$139 a barrel at one point, the highest for almost 14 years, and is currently sitting at around US$114. "There's a huge demand capacity not catching up. On top of that, airlines are burdened with a higher cost … Unfortunately for consumers, as long as this situation persists, you should expect prices to creep up," he warned.
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