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Barchart
Barchart
Tony Daltorio

1 Airline Stock to Shelter Investors from Boeing's Woes

This is set to be a record-breaking year for global air travel. Some 4.7 billion people are expected to take to the skies in 2024, according to the International Air Transport Association (IATA). That is 200 million more than the pre-pandemic high set in 2019.

Global airline industry revenues are expected to reach an historic high of $964 billion in 2024. An inventory of 40.1 million flights is expected to be available in 2024, exceeding the 2019 level of 38.9 million and up from the 36.8 million flights in 2023.

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