Hasuna Al Tayyib (Abu Dhabi)
China’s decision to open its borders to international travelers for the first time since the beginning of the corona epidemic and allow foreigners to enter the country without quarantine procedures has raised hopes and accelerated the recovery of tourism and international travel. A return to pre-pandemic levels in the middle of this year, even as new aircraft orders from manufacturers continue to slow.
And with global travel traffic expected to recover around 70% in 2022, supported by markets in Europe and North America, Asian markets, led by China, are likely to dominate industry growth through 2023. containment measures by China is what helps the recovery the most. This sector, especially as Asia accounts for one out of every two seats aboard the world’s aircraft fleet, according to Avlon, the world’s second-largest aircraft leasing company.
The corporation’s expectations are considered the most optimistic so far, after 3 years of almost total stoppage of global air traffic, but on the other hand, aviation managers in general warn that a return to 2019 levels is not possible. in early 2024 due to several factors, among which the lack of pilots stands out. Weak employment at airports and groundhandling companies, along with a slow pace of new aircraft deliveries and no new aircraft entering service. However, due to the difficulties that manufacturers face in obtaining the necessary licenses from the relevant authorities.
Shortage of new aircraft
Some described the delay as an endemic disease, especially as 2,400 planes that were part of the production plan were not produced due to the Covid-19 outbreak. As a result, about 50% of Air Cab’s sales. Considered the largest in the world, it started selling used planes from airlines in 2022.
Airline managers expect booking levels to continue as Chinese carriers start to prepare international flight schedules and hire new staff after a three-year slump, despite some concerns that may discourage travellers. As well as the examination laws imposed by them, the United States, Great Britain and some European countries, on those who come from China.
Source: Al Ittihad
I am Emma Sickels, a highly experienced journalist specializing in news and economy. As an author at News Unrolled, I cover the latest trends in the economic sector and provide readers with valuable insights into its complexities. My work has been featured in various media outlets such as The New York Times, USA Today, Bloomberg Businessweek and many more.
