The International Air Transport Association (IATA) has announced that the Wings of Change Europe conference will focus on rebuilding a competitive European air transport system as the industry looks to its post-pandemic future.
Europe is recovering strongly but challenges remain. The industry’s resilience is being tested by the US$50 billion (£45 billion) in losses the region’s airlines experienced during COVID-19 (2020-2022) and a return to pre-pandemic demand that is not expected to occur until 2024. Meanwhile, the operating environment is made more challenging with growing costs, a proliferation of regulatory initiatives and the drive towards net-zero emissions.
“Europe needs strong air connectivity now more than ever. But the competitiveness and resilience of European aviation are under strain. Rising fuel prices and infrastructure costs are putting pressure on affordable air transport for European travellers, tourist markets and exporters. Successfully achieving our transition to net-zero CO2 by 2050 will require close cooperation and support between regulators and industry. To ensure that the European economy is well-supported by efficient regional and global connectivity, it is essential that the regulatory agenda being pursued across Europe is approached with great care and a focus on competitiveness. At Wings of Change Europe we will bring together key decision-makers to debate these vital issues,” said Rafael Schvartzman, IATA’s Regional Vice President for Europe.
Wings of Change Europe will take place in Istanbul, Türkiye, hosted by Pegasus Airlines.Email Post to a Friend