DECRYPTION – The IATA professional federation anticipates profits for the sector for 2023. But others are worried.
The summer is shaping up to be the best for airlines. “Reservations and average ticket prices for the summer are climbing”, rejoiced at the end of May Michael O’Leary, CEO of the low cost Ryanair, which expects an occupancy rate of its planes in July and August of 94% to 95%. Almost pre-pandemic level. “The recovery is hereconfirms Ben Smith, CEO of Air France-KLM. This sets the stage for a successful summer season.” The enthusiasm is even more palpable on the other side of the Atlantic. “The demand has never been so strong”, says Robert Isom, CEO of American Airlines.
For now, the companies are concentrating all their efforts to properly manage this increased activity, which is shaking up a sector that has been used to low water for more than two years. Cascading canceled flights, endless queues at airports… travelers must be prevented from experiencing the same setbacks this summer as those they have suffered in recent weeks in…
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