Willie Walsh, director general of the International Air Transport Association, said higher pricing will reflect airlines' cost of operations, rather than a supply-demand dynamic. Photo: Reuters
Willie Walsh, director general of the International Air Transport Association, said higher pricing will reflect airlines' cost of operations, rather than a supply-demand dynamic. Photo: Reuters

Business

Higher oil prices to raise ticket fares but will not stall airlines' recovery, Iata says

Global carriers will shoulder total accumulative losses of $201bn between 2020 and 2022, as a result of the pandemic, according to industry body

Deena Kamel
Deena Kamel

November 04, 2021