Tag #Passengers

How do supply chain issues and regulatory pressures affect the airline industry's growth and profitability?

\"IATA's forecast reflects a significant rebound in air travel demand after the pandemic, exceeding pre-pandemic levels. The projected increase in passenger numbers and revenue demonstrates the resilience of the industry and its adaptation to changing circumstances.\", \"The decline in fuel costs, expected to reach an average of \$87 per barrel, plays a crucial role in improving airline profitability, contributing to a 3.6% net margin. However, supply chain disruptions and regulatory pressures remain significant headwinds.\", \"Despite the positive outlook, the impact of supply chain disruptions on fleet renewal and maintenance, resulting in grounded aircraft, may hinder the industry's decarbonization efforts.\"