Middle Eastern carriers Emirates and Etihad each see an industry recovery from the coronavirus pandemic happening next year, airline bosses said at an industry conference.
Emirates president Tim Clark said that Russia's invasion of Ukraine would delay the projected recovery to 2019 levels of traffic until the middle of next year, adding that without war in Europe he had thought the recovery was possible by the end of this year.
Etihad Group chief executive Tony Douglas told the CAPA Centre for Aviation conference that he expected the industry to recover to 2019 levels by "mid-to-end 2023."
Etihad Airways Chief Says Latent Travel Demand Higher Than At Any Other Time
Get a FREE Digital Subscription!Enjoy full access to Hospitality Ireland, our weekly email news digest, all website and app content, and every digital issue.
The above news followed news that the latent global demand to travel is probably at its highest level ever, Etihad Airways Group chief executive Tony Douglas said as the industry looks to rebound from two years of coronavirus-related restrictions and disruption.
"The latent demand for travel, I would argue is probably greater now than it's been in any time that I can remember," Douglas told the CAPA Centre for Aviation conference in Manchester, England.
"Consequently, what we've seen is (demand) go off almost like a fire hydrant, as the travel restrictions ease and particularly in premium cabin."
News by Reuters, edited by Hospitality Ireland. Click subscribe to sign up for the Hospitality Ireland print edition.