Brian Pearce has been IATA's chief economist since 2004, and in that time he's seen his share of exogenous shocks to the industry: SARS, MERS, the global financial crisis, the historic spike in oil prices, and now Covid-19. The industry…
Read The IssueCrises have wracked the airline industry almost since its inception. Wars, diseases, economic recessions and depressions, jet fuel price spikes — the list is almost endless and illustrates an industry almost uniquely prone to exogenous shocks. The Covid-19 pandemic started...
Read MoreAs the Delta Variant Depresses Demand, Airlines Pin Their Recovery Hopes on the Holidays It was a good summer for airlines in many parts of the world, all things being relative. Leisure demand came back as people who had been...
Read MoreAirlines Begin to Emerge From the Crisis to New Competition and Remade Markets Welcome back! The airline industry is making its usual summer-to-fall transition in a very changed world. Leisure travel demand soared in many regions during the summer, as...
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