PARIS - Emirates boss Tim Clark expects a dynamic recovery in air travel demand to begin "sooner rather than later", he told an online forum on Wednesday, describing the industry's coronavirus crisis as a glitch from which the Gulf carrier can fully recover.
"I'm not one of these people who believes in the 'new normal'," Clark said. "I believe demand will return in a very robust manner." Emirates is closely watched for its deep order book for larger aircraft - whose values were already depressed going into the COVID-19 crisis. Analysts also predict that demand for wide-body or twin-aisle jets will be worst affected by the slump.
"The area for growth is in longer-haul narrow-bodies," said Parker, adding that he saw enormous pent-up demand for international travel.
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