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IATA: 8,000 aircraft backlog holding back aviation
The outgoing Director-General of the International Air Transport Association (IATA), Willie Walsh, argued that aviation’s biggest threat is no longer weak demand, but the capacity to support it Among the crises threatening the industry’s future, one that stood out as most entrenched was the industry’s ever-growing aircraft backlog. Walsh After two decades in which airlines repeatedly confronted shocks that destroyed traffic growth, from the global financial crisis to Covid-19, passengers continue to fly, cargo continues…
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