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IATA: Travel is recovering faster than our expectations

IATA: Travel is recovering faster than our expectations

June 4, 2022
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Egyptian Gazette
Home Skyward

IATA: Travel is recovering faster than our expectations

by Gazette Staff
June 4, 2022
in Skyward
IATA: Travel is recovering faster than our expectations 12 - Egyptian Gazette
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By Mohamed Attia

William Walsh, director general of the International Air Transport Association (IATA), said that passenger traffic is recovering faster than expected.

He added that during the next year 2023, it is expected that air traffic will recover and the percentage of reservations for travel will return to the time before the outbreak of coronavirus, which is a very promising indicator. He also noted that all airline CEOs see an improvement in demand for travel throughout the current year.

Walsh added that the near-term outlook remains positive even as the aviation sector faces new problems such as high oil prices, inflation and workforce shortages.

Tags: CEOsEgyptIATA

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US-led talks to discuss security guarantees for Russia and Ukraine

Egypt urges regional efforts to bolster food supply chains

Pakistani PM expresses concern over Israel’s Gaza aid blockade

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Sisi calls for sustaining safe forex reserves as holdings hit record $57.5b

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