A major association of airlines made a somewhat bearish prediction for Middle Eastern airlines today.
The International Air Transport Association released a report on the air travel industry during its annual summit, which is being held in the Qatari capital, Doha, this year. The trade association said that Middle Eastern airlines’ losses are “expected” to drop to $1.9 billion in 2022, down from a whopping $4.7 billion last year. The return of lengthy routes across continents will help the industry in the Middle East.
