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Airline industry set to soar in 2022

The airline industry is set to grow by 47 percent next year according to London-based global aviation analytics firm Cirium.

In its second annual Airline Insights Review, it says the steep increase 2022 indicates capacity could return to 2015 levels by the end of next year.

Cirium said that last year, the pandemic and its consequences wiped out 15 years of global passenger capacity growth—based on the total number of seats flown—in a matter of months, reducing 2020 capacity flown to levels last seen in 2005.

Regions with strong domestic markets showed accelerated recovery this year—in particular, in the US and China. In read more ⇒

Source:: AirlineRatings.Com

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