News & Media

CNBC Africa Discusses Aviation Recovery with NAS Group CEO Hassan El-Houry

Kuwait : Wednesday, October 27, 2021

With airlines losing as much as $138 billion in 2020 due to the impact of COVID-19 on the industry, the International Air Transport Association, says they expect the loss to drop to $52 billion this year, and $12 billion by 2022. Hassan discussed the recovery trajectory for airlines and aviation companies, an outlook for recovery, how NAS is strategizing to take advantage of opportunities coming up during this time, expansion plans and commitments made to the continent.

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