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Stefano Baronci

 

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Rising airfares in Asia-Pacific and the Middle East threaten aviation recovery

ACI reported, in their Asia-Pacific’s latest Airport Industry Outlook, that…

29 March 2023 | By

ACI reported, in their Asia-Pacific’s latest Airport Industry Outlook, that rising airfares across Asia-Pacific and the Middle East posed a threat to the aviation sector's recovery. Fuel prices, lack of airline competition and wage inflation were identified as the cause of these surging airfares.