Global air travel demand is more robust than expected so far in 2017 because of growing business and consumer confidence, according to IATA chief economist Brian Pearce. Speaking at the IATA Wings of Change conference in Miami, Pearce said the passenger traffic demand outlook looks strong for the remainder of the year, although he cautioned that airline profit margins are being squeezed by higher fuel and labor costs. The global economy is “looking fairly positive at the ...

Subscribe to Access this Entire Article

"Printer-friendly" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions?

Already registered? here.