Main IATA navigation

Panel: Economic Shocks

Download video


The airline industry is usually on the leading edge of any shock to hit the global economy or the local situation.  The collapse of world trade and air cargo during the 'Great Recession', the 2008 fuel price spike to over $180 a barrel, the dotcom boom and bust caused air transport markets and airline earnings to fluctuate far more than other sectors. Are we now seeing a damaging retreat from globalization, will China's credit bubble deflate expectations for the Asia-Pacific, is the US about to enjoy a cheap energy fuelled revival?  A panel of the world's leading economists debated what economic shocks may be ahead of us.


 Brian Pearce, IATA's Chief Economist

Moderator: Brian Pearce
Chief Economist

 Peter De Keyzer Peter De Keyzer
Chief Economist
BNP Paribas Fortis SA/NV
Gene Huang Gene Huang
VP, Chief Economist
Marios Maratheftis Marios Maratheftis
Global Head of Macro Research
Standard Chartered Bank
 Thomas Mayer Thomas Mayer
Senior Advisor
Deutsche Bank
 Andrew Sentance Andrew Sentance
Senior Economic Adviser
PricewaterhouseCoopers LLP





Our mission is to represent, lead and serve the airline industry

Additional information