Airlines to profit, global air travel to increase amid challenges: IATA
Airlines will make a profit this year with an increase in passenger traffic as part of post-pandemic recovery amid challenges, according to the International Air Transport Association (IATA).
World Air Transport Summit, the world’s largest gathering of airline leaders, officially started in Istanbul on Monday, reports Xinhua news agency.
IATA Director General Willie Walsh said during the annual general meeting in Istanbul that “the pandemic years are behind us, and borders are open as normal. Despite economic uncertainties, people are flying to reconnect, explore, and do business”.
