Aviation nurses a nasty headache as travel recovers from COVID

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 43 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 92%

Entertainment Entertainment Headlines News

Entertainment Entertainment Latest News,Entertainment Entertainment Headlines

Aerospace has turned the page on an unprecedented pandemic demand shock with dozens new orders at its largest air show in three years

– only to face mounting worries over supply chains and reminders that its future hinges on decarbonization.

“We have to accept that a lot of people left the aviation industry and the aerospace industry during 2020 and it is difficult to bring them back,” Emirates president Tim Clark told delegates after clashing with Heathrow over capacity curbs. Posters this week continued that theme of a connected, cleaner world as suppliers defended emissions targets, but campaigners said they did not go far enough.

Despite the summer rebound – outbound airline bookings from the U.K. for example are at 88% of pre-pandemic levels, according to ForwardKeys – there were warnings that inflation could slow the rebound in air traffic that ultimately supports jet demand. Boeing sought to answer that question, and lift concerns over the future of its 737 MAX cash-cow, with a flurry of announcements that translated into gains in its share price.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in ENTERTAİNMENT

Entertainment Entertainment Latest News, Entertainment Entertainment Headlines