Expect the cost of your airfare to continue to rise, an aviation trade group and industry heads warn

FILE - A Boeing 777X plane takes off at the Farnborough Air Show fair in Farnborough, England, on July 18, 2022. That's the word from the International Air Transport Association, which held its annual meeting Monday June 3, 2024 in Dubai, home to the long-haul carrier Emirates. –

“The airlines will continue to do everything they can to keep costs in control as much as possible for the benefit of consumers," said Willie Walsh, the director-general of the the International Air Transport Association, an industry-trade group."But I think it’s unrealistic to expect that airlines can continue to absorb all of the costs. ... It's not something we like to do, but it's something we have to do.

. The world’s busiest airport for international travelers had 86.9 million passengers last year, surpassing numbers for 2019 just before the coronavirus pandemic grounded global aviation.

South Africa South Africa Latest News, South Africa South Africa Headlines

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

Costco FQ3 earnings preview: What does Wall Street expect?Costco FQ3 earnings preview: What does Wall Street expect?
Source: Investingcom - 🏆 450. / 53 Read more »