Despite growing economic uncertainties, the International Air Transport Association (IATA) expects the global airline industry to finally return to profitability in 2023 and post a net profit of $4.70 billion, the first profit since 2019. This indicates that the industry remains upbeat about travel demand.
A recent IATA poll of travelers in 11 global markets revealed that nearly 70% are traveling as much or more than they did before the pandemic. And, while the economic situation concerns 85% of travelers, 57% have no intention to curb their travel habits.
