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…

Although there have been relatively few liquidations during the pandemic crisis, this can be attributed to forbearance and government supports. Given the unprecedented drop in company revenues and the high…

The industry’s outlook grows darker by the day. The scale of the crisis makes a sharp V-shaped recovery unlikely. Realistically, it will be a U-shaped recovery with domestic travel coming…

According to Cam Harvey's model, the economy usually enters recession 12 months after first turning negative. With the initial inversion in March 2019, the model forecast a US recession starting…