-
Ahead of World Cup semi-final, Argentine VP calls English 'pirates'
-
Canada central bank holds key rate steady, says economy improving
-
Tech stocks wobble, oil prices slip back
-
Trump tells immigration agents to resume traffic stops despite killings
-
Court rules England World Cup winner died from brain injury linked to heading
-
Hong Kong police raid independent bookstore run by former journalists
-
Waerenskjold wins fastest ever Tour de France stage
-
Castres' ex-All Black Papali'i ruled out for six months
-
Crowds cross Gibraltar-Spain frontier as border controls vanish
-
British Open chiefs have no plan to change schedule if England reach World Cup final
-
Women's rights charity ends Stade Francais deal after McLean arrival
-
Orban's ex-FM quits Hungary parliament for China's BYD
-
McIlroy says fast-running British Open fairways a 'double-edged sword'
-
Up to 45% of dementia risk can be prevented, delayed: WHO
-
Cricket World Cup revamp could see extra India-Pakistan clash
-
Tech stocks lead gains, oil prices rise
-
German leader not opposed to Chinese taking over car plants
-
Bangkok bar fire toll rises to 33 as PM vows venue overhaul
-
Trump tells immigration agents to keep traffic stops despite killings
-
Power restored across Cuba after third outage in two weeks
-
Starmer bids UK MPs 'goodbye', vows to support Burnham
-
France in 'very worrying' drought: minister
-
Sri Lanka expands anti-dengue drive as deaths mount
-
Attempted burglary at Yamal's home after World Cup triumph: police, media
-
Germany's BASF lifts forecasts but Mideast war casts shadow
-
European stocks drop as oil prices rise
-
Germany World Cup exit reveals structural failures, says Leverkusen boss
-
Broad says England need extra ODI seamer after India defeat
-
Local 'hero': Bellingham's hometown buzzing ahead of semi-final clash
-
Myanmar leader to visit Thailand next month: Thai FM to AFP
-
UN says Sudan resources fuel civil war
-
Belgian great Meunier signs for Premier League side Sunderland
-
Meta employees allege discriminatory AI-driven layoffs
-
Kenya denies Rastafarians the right to smoke weed
-
India's Sindhu targets medal at home world championships
-
Generative AI's power sparks fears of dumbing humans down
-
UN warns of cracks in global immunisation system
-
'Like my lover': Chinese users bid farewell to AI companions
-
Bangkok bar fire toll rises to 32 as PM vows venue overhaul
-
Empty skyscrapers: China's property slump still throttling growth
-
Badminton underdogs enjoy 'amazing' 16 minutes of fame in Japan
-
Cuba slowly gets power back after latest blackout
-
US expands sanctions targeting Iran oil, cryptocurrency sectors
-
AI demand powers forecast hike, profit gains at tech giant ASML
-
'We don't have time': Montenegro's bird haven fading
-
Aussie Rules removes Indigenous figure from Hall of Fame
-
Dutch tech giant ASML posts gain in second-quarter profits
-
France set to adopt assisted dying law in final vote
-
US renews blockade, trades strikes with Iran over Hormuz strait
-
Australian swimmer O'Callaghan reveals she has spinal fractures
Aviation chiefs warn of prolonged ticket price pain
Aviation industry leaders warned Wednesday that travellers must brace for even higher ticket prices as the sector battles fallout from the Covid pandemic, high oil prices and conflict fears.
International Air Transport Association director general Willie Walsh also said that airlines' recovery would be delayed if China maintains its coronavirus travel clampdown into 2023.
The IATA head and Qatar Airways chief executive Akbar Al Baker said travellers around the world could expect more price pain in coming months because of higher fuel prices added to crippling losses from the past two years.
There was "little optimism" in the industry, Walsh told a news conference on the sidelines of an IATA meeting.
Walsh said that "the bottom line" is that if jet fuel prices keep going up "the only choice for companies is to have that reflected in ticket prices".
"The price is so volatile," he added. The IATA head and Qatar Airways chief said the ticket pressures would extend into 2023 and beyond.
IATA says airlines posted losses of $180 billion in 2020 and 2021 and expects another $9.7 billion in losses this year.
Baker, whose company this year recorded $1.5 billion in profit, slammed governments for "misleading" the public about the environmental damage of flying.
He said restrictions on airlines such as moves in many European countries to end flights of less than 500 kilometres (310 miles), was also adding to costs.
Baker said that if the cost of newer environmentally friendly fuels was higher then that would also be added to ticket pressures.
Both said any reopening of China's frontiers would play a key role in the aviation industry's recovery.
China had a "very important place" in international travel figures, said Walsh.
"If in 2023 China remains closed then it clearly will have an impact on the strength of the overall recovery," he said.
He said Hong Kong's aviation sector had been "devastated" by Covid restrictions, the city was no longer a global aviation hub and that Cathay Pacific was a "shadow" of its former importance.
Baker said many Chinese football fans may not be able to go this year's World Cup in Qatar because of restrictions caused by China's zero-coronavirus policy.
Th.Gonzalez--AT