CNA spoke to the chiefs of Japan Airlines, Emirates Airlines, Air New Zealand, Thai Airways, and SriLankan Airlines, at the International Air Transport Association (IATA) annual summit in Istanbul this week.

FILE PHOTO: A Japan Airlines (JAL) aircraft approaches to land at Tokyo International Airport, also known as Haneda Airport, in Tokyo, Japan April 29, 2023. REUTERS/Issei Kato

With air passenger traffic at over 90 per cent of pre-pandemic levels, the airline industry has more than doubled its net profit forecast for this year.

Domestic travel has fully recovered, while international traffic is catching up, with carriers in the Asia Pacific region leading the recov...