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Emirates boss: ‘Prices will have to stay high for some time’

Luxury
April Hutchinson
2 November 2022

The president of Emirates Airlines, Sir Tim Clark, has said risk-averse airlines coupled with a global energy crisis could still mean high airfares for a while yet.

Sir Tim Clark, president of Emirates Airlines Ultratravel questioned some airlines' ability to even bounceback

Clark said the next 10 years would see huge technological changes come to everyday flying

Responding to an earlier speaker at this week’s Ultratravel Forum – Daniel Franklin, executive editor of The Economist – who said “carpe diem” was a factor travel businesses would continue to see and benefit from temporarily in 2023, Clark said this premium demand was actually a permanent fixture.