Qatar Airways chief dismisses predictions airfares will soar

Qatar Airways chief executive Akbar Al Baker has dismissed predictions airfares will soar in a post-COVID world where passengers compete for fewer seats on a reduced global airline network.

While Al Baker agrees there will be fewer airlines operating after the pandemic,  he disagreed that airlines would start charging people “an arm and a leg” because there was reduced capacity.

“I don’t think that will be the case,’’ he told a CAPA Centre for Aviation online conference.

“Eventually, the airlines will start growing again but in the short and medium-term, yes, there will be a reduction in the number of aeroplanes and the read more ⇒

Source:: AirlineRatings.Com

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