Eric Kulisch
Tuesday, June 6, 2023
Cargo revenues to fall $65B in 2023, airline group says
IATA forecast suggests weak airfreight demand will continue without peak-season rebound
IATA forecast suggests weak airfreight demand will continue without peak-season rebound
Gloom and doom could soon turn to sunny skies for U.S. airlines. It’s another story for international carriers, but everyone is managing heavy debt loads from COVID. Carriers will be more selective about what routes they fly in the future.
Kevin Hill and Michael Vincent look at recent earnings reports and hear how the grain season is going for American exporters.