IATA Forecasts Bumpy Future for Aviation

During a media call on October 6^th Brian Peace, IATA’s Chief Economist, explained that although stock indexes have recovered some, airline stocks remain 40% below pre Covid-19 values.  They anticipate revenue passenger kilometers (RPK) to be only a third of the way to normal by the end of the year.  This will leave industry yield’s 68% below pre-pandemic levels by the end of the year.   …read more