Record Passengers As Airline Industry Recovers From Pandemic

While airlines have a sunny outlook in terms of passenger demand, profits remain thin compared to other capital-intensive industries (Credit: AFP)

Airlines should carry a record number of passengers next year as the sector puts the Covid-19 pandemic behind it, the industry's top trade association said Wednesday, although profitability remains a concern.

The International Air Transport Association (IATA), in its traditional review of industry trends as the year draws to a close, said more normal growth patterns were expected from here on out as the sector has recovered to pre-pandemic levels.