Sector recovery expected to rebuild airline profitability

  • Date: 21-Jun-2022
  • Source: Jordan Times
  • Sector:Technology
  • Country:Qatar
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Sector recovery expected to rebuild airline profitability

AMMAN — The International Air Transport Association (IATA) upgraded this week its outlook for the airline industry’s 2022 financial performance as the pace of recovery from the fall-out of the COVID-19 crisis is going faster, according to IATA’s statement.

IATA is currently holding its 78th Annual General Meeting and World Air Transport Summit in Doha, Qatar. 

Hosted by Qatar Airways, this event brings together leading figures from airlines, the aviation value chain and governments as the aviation industry faces complex and dynamic operating, business and geopolitical environments, according to news websites.