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The U.S. domestic airline industry is moving toward recovery from the pandemic faster than previously estimated, although changes to route networks will make some destinations more difficult to reach for passengers and cargo shippers, according to analysts and executives.
Consumer eagerness to travel has some carriers predicting they will soon break even from an operating standpoint and some market analysts saying consensus growth projections are too conservative.
https://s29755.pcdn.co/news/analysts-bullish-on-us-airlines-as-travelers-prepare-for-jailbreak
The International Air Transport Association on Tuesday pushed back by a year its estimate for the airline industry to fully recover from the novel coronavirus and said the air cargo market’s modest improvement in June still lagged growth in manufacturing output and trade.
The airline group downgraded its forecast for global passenger traffic and revenues, saying it will not return to last year’s levels until 2024 because a COVID-19 resurgence in several countries, depressed corporate travel and...
https://s29755.pcdn.co/news/iata-outlook-for-airline-industry-recovery-slides-to-2024
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https://s29755.pcdn.co/news/passenger-flights-china-united-states