Willie Walsh, president of the International Air Transport Association (IATA), has revealed that supply chain issues challenging the global aviation industry are likely to persist for a few more years.
Speaking at the Changi Aviation Summit on the eve of the Singapore Airshow, he predicted that the global aviation sector will grow by 3.3 percent annually over the next 20 years. While the Asia-Pacific region is likely to lead this growth at 4.5 percent per year during that period.
Recent data released by the International Air Transport Association (IATA) in Africa and the Middle East (IATA) showed that international travel in 2023 increased by 41.6 percent compared to 2022 and reached 88.6 percent from 2019 levels.
Source (Al-Arabiya.net Website, Edited)
