IATA has once again revised down its pessimistic outlook. This new bleaker outlook is based on more recent passenger data which is even weaker than under its previous "dire" forecast.…

The airline industry is one of the few global industries that have previous experience of dealing with a virus. The earliest forecasts for declines in passenger revenues were revised downwards…

The NBER has determined that a peak in monthly economic activity occurred in the U.S. economy in February 2020, ending the longest expansion in the history of U.S. business cycles…

An interesting article in The Economist that suggests that the post-crisis economy that is currently emerging will be fundamentally different from the one we knew earlier this year. The outlook…