Reported about 1 year ago
The Transportation Security Administration foresees a significant increase in summer travel due to the upcoming 2024 Paris Olympics, boosting international travel. La Compagnie CEO Christian Vernet talks about the airline's plans to meet the high demand, aircraft manufacturing challenges, and price pressures for airfare costs. The company aims to expand its fleet to cater to the rising demand, especially for leisure and business travel, as travel to Europe remains strong with the leisure segment driving demand. Vernet also discusses the difficulties in aircraft manufacturing and the impact on pricing amidst intense competition in the industry.
Source: YAHOO