This is a sector to consider if you are looking for a challenging workplace. This chart tells us that business is pretty good. Load factors are back where they used to be pre-pandemic. The 2023 number is for the half year, so an annual total of ~100m is possible.
US DoT RAA dataset
But that optimistic outlook is 5% down in volume. Moreover, that is also way down on what was normal between 2016 and 2019. Reflecting on passenger traffic shows a ~30% decline in traffic. That is an eye-popping metric. We keep hearing about the pilot or the captain shortage.
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