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Global Aviation Turns A Corner, But Headwinds Remain

Shantanu Gangakhedkar, Aviation Consultant, Frost & Sullivan

07-Jun-23 07:30

Global Aviation Turns A Corner, But Headwinds Remain

The airline industry is booming, so much so that the International Air Transport Association or IATA recently upgraded its profit estimates for 2023, doubling from $USD4.7 billion projected in December to $USD9.8 billion this week. What accounts for the renewed optimism? We discuss aviation sector signals and trends with Shantanu Gangakhdekar of Frost & Sullivan.

Image by: Shutterstock

Produced by: Shazana Mokhtar

Presented by: Shazana Mokhtar, Mark Tan, Wong Shou Ning

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Categories:  marketsinternational

Tags:  aviation industryinternational air transport association

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