Aviation Industry to Welcome Golden Five-Year Period with Strong Passenger and Cargo Demand

Reported about 1 year ago

Top executives from EVA Air, China Airlines, and other airlines predict a prosperous year in 2024 as the first year of AI technology boosts both air cargo prices and volume, while passenger demand remains high with reasonable fares. National airlines are expected to benefit from Taiwan's growing economy and AI technology advancements. With a surge in cargo prices and volume and a steady increase in passenger capacity, the aviation industry anticipates at least five years of success. Airlines are experiencing strong revenue growth due to robust demand, especially during the summer travel peak season, with measures in place to address challenges like labor shortages and delayed aircraft deliveries.

Source: YAHOO

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