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AUGUST 2022

Week 34

News

Airlines must “seize opportunities” from COVID crisis declares IATA director general

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August 24th 2022

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The International Air Transport Association (IATA) has announced the agenda for its World Financial Symposium, to be held in Doha next month. Read More » It will focus of “reshaping airline resilience”, the airline lobby group said. “Airlines are resilient. Now is the time to build on the hard work and difficult restructurings of the past two years to seize opportunities coming out of the crisis,” IATA director general, Willie Walsh, said. “Finance will play a vital role in supporting the recovery while creating a sustainable capital structure for our ambitious environment agenda.” IATA forecasts traffic will be at pre-COVID-19 levels by 2024 with industry profitability a possibility next year.

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