Doha: Pandemic will allow a sharp jump in air travel global airlines On Monday, an industry body upgraded widely-watched forecasts to narrow losses this year and possibly make their way to profit in 2023.
Global airlines are now expected to lose $9.7 billion in 2022, a sharp improvement from the revised $42.1 billion loss in 2021. International Air Transport Association Told.
The 2022 forecast is about $2 billion better than previously expected for a loss of $11.6 billion.
Last year’s losses also improved on earlier forecasts of $52 billion, although a meeting of airlines in Qatar warned of inflation risks in higher oil prices and a fragile recovery.
“Our industry is now lean, tough and nimble,” IATA Director-General Willie Walsh told an annual meeting of more than 100 airline leaders. “Industry-wide gains should be on the horizon in 2023,” he said.
Global airlines are now expected to lose $9.7 billion in 2022, a sharp improvement from the revised $42.1 billion loss in 2021. International Air Transport Association Told.
The 2022 forecast is about $2 billion better than previously expected for a loss of $11.6 billion.
Last year’s losses also improved on earlier forecasts of $52 billion, although a meeting of airlines in Qatar warned of inflation risks in higher oil prices and a fragile recovery.
“Our industry is now lean, tough and nimble,” IATA Director-General Willie Walsh told an annual meeting of more than 100 airline leaders. “Industry-wide gains should be on the horizon in 2023,” he said.