CURRENT AFFAIRS

2018

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which country Tops Domestic Air Traffic Demand at 16.4 % in November: IATA?
A
India
B
Pakistan
C
Saudi Arabia
D
Australia
Explanation: 

Detailed explanation-1: -IATA expects cargo revenues to decline to around $149 billion in 2023, from around $200 billion in 2022, but remain “about 50 percent higher than the pre-pandemic level of 2019, ” he said.

Detailed explanation-2: -IATA’s June forecast anticipated that passenger traffic would reach 82.4% of pre-crisis levels in 2022, but it now appears that the industry demand recovery will reach 70.6% of pre-crisis levels.

Detailed explanation-3: -Total traffic in July 2022 (measured in revenue passenger kilometers or RPKs) was up 58.8% compared to July 2021. Globally, traffic is now at 74.6% of pre-crisis levels. Domestic traffic for July 2022 was up 4.1% compared to the year-ago period and is now driving the recovery.

Detailed explanation-4: -IATA (International Air Transport Association) represents some 290 airlines comprising 83% of global air traffic.

There is 1 question to complete.