The International Air Transport Association (IATA) is urging EU governments and regulators to introduce policies that promote greater air connectivity.
Strong demand for air travel in September kept the sector’s recovery on track with global traffic at 73.8% of September 2019 levels, according to the International Air Transport Association (IATA).
Soaring fuel costs, sustainability requirements and poor financial condition of airline companies may inevitably lead to higher ticket fares, according to IATA Director General Willie Walsh.
Global air travel was back on track in June reaching 70.8% of pre-Covid-19 levels and driven by strong passenger demand despite the challenging times for the sector.
IATA revised upward its outlook for the industry’s 2022 financial performance adding however that key challenges ahead will include soaring fuel prices.
