Thanks to the recovery of air travel, the airline industry will likely be able to reduce its losses this year to $9.7 billion. This is an improvement over the previous forecast of a $-11.6 billion loss from October and includes the effects of inflation, the...
Last year, air travel recovered to 41.6 percent of 2019 levels mainly thanks to domestic travel, but the past year was another difficult one for the airline industry, the International Air Transport Association (IATA) reported on January 25. Cargo outperformed 2019...
It has been a while ago since airlines have complained of oil prices, but that is about to change. Jet fuel prices are on the rise again, notably since May, and continuing to rise through June into the third quarter. IATA warns that oil prices will cast a shadow over...
This morning we woke to an overnight oil price spike. While politicians politic and primp for the cameras, the rest of us will try to figure out what this means and what might happen next. Here’s some data to help with the process of figuring out the impact of...
Oil prices seem to be steadily creeping up again after a nice dropoff late last year. This chart from Macrotrends makes the case; 2019 has seen a sharp uptick. Oil prices are about double what they were about 30 months ago. What does this mean for the airline...
AirInsight is the boutique aerospace media and analysis team and part of AirInsight Group LLC.
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