The International Air Transport Association says airlines will fly 4.35 billion passengers this year, close to the 2019 record. – The Malaysian Insight file pic, June 5, 2023.
AIRLINES will fly 4.35 billion passengers this year, close to the 2019 record as the industry bounces back from the Covid-19 pandemic, an industry group said today. The sector will also be back in the green, with net profits forecast to reach US$9.8 billion in 2023, or double previous estimates, boosted by the end of China’s Covid-19 restrictions, according to the International Air Transport Association .
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