Top 3 Aircraft Markets in the World
By Jason Zilberbrand, ASA The pandemic caused airlines across the globe to experience record losses due to canceled flights and the inability to fill seats. Following the height of COVID-19, the aviation industry experienced dramatic challenges it has never seen before. According to the International Air Transport Association (IATA), airlines are estimated to lose “$84.3 billion in 2020 for a net profit margin of -20.1%.” As we are optimistic and expect conditions to improve slowly over time, there [...]