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StockNews.com
StockNews.com
Business
Dipanjan Banchur

1 Airline Stock It's Time to Buy in 2023

Despite the macroeconomic uncertainty, air travel bounced back strongly in 2022. According to an International Air Transport Association (IATA) survey, revenue passenger kilometers (RPK) rose 64.4% year-over-year in 2022.

IATA Director General Willie Walsh said, “The industry left 2022 in far stronger shape than it entered, as most governments lifted COVID-19 travel restrictions during the year, and people took advantage of the restoration of their freedom to travel.”

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