Increased infrastructure costs or the airline industry is facing a crisis
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Alexandrede Juniac, chairman and chief executive of the International Air Transport Association (IATA), said the ever-increasing cost of airport infrastructure poses a risk to the profitability and growth of the global aviation industry; The crisis caused by inadequate facilities is brewing around the world.
"We are entering a crisis ... Overall, the infrastructure is not building fast enough to meet the growing demand," Junijack said at a conference in Singapore on Monday before the show.
He said airport privatization is one of the major causes of rising costs as the airline industry needs affordable infrastructure to meet growth in capacity.
"Our members are deeply disappointed with the current privatization of the airport and should find ways to invite experts from the civil sector to bring business discipline and customer service focused on airport management but we think it is best to leave airport ownership public All, "Junijia said.
"We have to look at those costs right from the start," Junijak said, and we want to avoid overspending on large projects because of the high cost of infrastructure.
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