Loading
13-Oct-2017 8:29 AM

IATA: General consensus economy and global travel market are in 'pretty good shape'

IATA chief economist Brian Pearce, speaking at the CAPA-ACTE Global Summit, stated (12-Oct-2017) the general consensus is "pretty good shape" for the economy and global travel market. Mr Pearce said the airline industry generally sees a four category, eight year economic cycle, with the industry currently going through a positive eight years. "I'm not going to say that it won't continue", Mr Pearce said, however "we need to work at it" to support the positive economic environment.

Want More News Like This?

CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More