Global Aviation Industry Loss in 2022 Expected to Narrow to $9.7 Billion
According to the International Air Transport Association's annual forecasts, losses in the global aviation industry are predicted to drop from $42.1 billion last year to $9.7 billion in 2022 as efficiency improvements and increasing yields balance off rising labour and fuel costs. The estimates were released Monday at the annual general meeting of the global industry body. The two-day event is being held at Doha. “Industry-wide profitability in 2023 appears... Read More