CAPA data: aviation labour may have become more cautious post-COVID
Over time, the number of news articles on the CAPA - Centre for Aviation website mentioning the word 'strike' gives an indication of how confident labour groups feel in claiming a greater share of aviation's profits.
CAPA - Centre for Aviation's latest analysis suggests that labour may have become more cautious post-pandemic.
Over the past decade, and more, the number of 'strike' articles has shown a broad correlation with the rise and fall of operating profit margins in the global airline industry.
However, while IATA forecasts margins to increase in 2023, the number of 'strike' articles seems unlikely to rise to the same extent, and not to levels consistent with the same stage of the last cycle.
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