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Economic headwinds expected to continue in 2023
The IMF lowered its global GDP forecast for 2022 to 3.2%, providing further confirmation that the operating environment for the air transport industry is likely to remain challenging
- Chart of the Week
Challenging passenger demand surge amid wider recovery
The air transport industry is facing new challenges during the current northern hemisphere summer peak season in this phase of the recovery
- Chart of the Week
Premium passenger shares back on pre-pandemic trends
Our analysis shows signs that regional shares of premium RPKs resumed their pre-pandemic trend
- Chart of the Week
Outsized market power in parts of the aviation value chain
Return on invested capital are uneven the value chain while airlines have delivered great benefits
- Chart of the Week
Recovery in EBIT margins is on track in all regions
EBIT margins in all the regions are forecast to improve in 2022 compared to 2021, with North American airlines expected to be the outperformers
- Chart of the Week
Profitability in sight after three challenging years
Industry losses are expected to continue to reduce drastically over 2022
- Chart of the Week
Low unemployment rates provide buffer against inflation
Low unemployment and high savings, coupled with the observed strong desire to make up for the lack of travel over the past two years, are likely to lead to buoyant air traffic growth this year, in spite of the elevated rates of inflation.
- Chart of the Week
Passenger Load Factors on a Fast Track toward Recovery
Load factors are closing on 2019 levels, capacity developments show divergence in early 2022
- Chart of the Week
International bookings are boosted by summer vacation travellers and fewer restrictions
Both international and domestic bookings are recovering but there is still some degree of uncertainty what bookings will look like beyond summer.
- Chart of the Week
Asia Pacific lags behind international connectivity recovery
International connectivity is recovering globally, however Asia Pacific lags behind due to travel restrictions
- Chart of the Week