Economic news
IATA does not see major inflation impact on air travel demand
2022.05.31 12:47
FILE PHOTO: Willie Walsh, Director General of the International Air Transport Association, takes part in a panel discussion at the International Air Transport Association’s (IATA) Annual General Meeting in Boston, Massachusetts, U.S., October 5, 2021. R
PARIS (Reuters) – Global airlines on Tuesday played down concerns that rising inflation could halt a rebound in air travel, saying some carriers could cut ticket prices if needed to stimulate demand.
Willie Walsh, director general of the International Air Transport Association, also told a group of journalists that recent travel chaos in Europe was caused mainly by delays in getting staff security clearances, which he expected to ease.