According to a report by IATA, demand in the region witnessed a 14.7% year-on-year increase in July fueled by maritime tensions.
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A sustainable alternative fuel to kerosene already exists and will have an increasing participation in the industry, but high costs are a major obstacle for its use.
Airline industry results improved with the prospect of an increase in the number of passengers and a reduction in losses, but the segment is suffering heavy losses from 2020 to 2022.
Last October, airline passenger demand grew by 5.9% in the region, faster than the global rate of 3.4%, IATA says
