Copyright 2017 The Associated Press. All rights reserved.hen it comes to challenges facing the airline industry, inflation, fuel prices and labor shortages take a backseat to politics, according to the CEO of the state-owned airline of Qatar.
As part of the same panel discussion on Tuesday, Al Baker also said that the Covid pandemic was “the biggest challenge to aviation in our living memory,” before running through a litany of other obstacles. “And then there is the oil price, then there is shortage of manpower, there is no investment because of the the climate issues that is happening in the world in infrastructure,” he said.
That opinion appears to be far out of step with the zeitgeist of the event. “As the path to recovery lies ahead, our commitment to sustainability is immutable,”. “Our goal - Fly Net Zero - to achieve net zero carbon by 2050, will require an industry wide and collaborative effort. As part of this effort, CFOs will have a key role to play.”
Same reason economies are still suffering from governments’ hysterical reactions against Covid-19.