[News] Qatar Airways CEO says freight demand will drop because of inflation

Airlines might not be able to absorb rising costs, thus passing it on to customers. — Reuters pic

Airlines might not be able to absorb rising costs, thus passing it on to customers. — Reuters pic

Monday, 20 Jun 2022 4:37 PM MYT

DOHA, June 20 — Qatar Airways Chief Executive Akbar Al Baker said today that freight demand will drop because of inflation.

He added that airlines will not be able to absorb all rising costs, and some will have to be passed on to passengers.

There will soon be a downward pressure on air freight yields, Al Baker added. — Reuters

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