Top 3 Aircraft Markets in the World

By |2023-01-18T14:48:20-06:00February 1st, 2021|Educational|

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 [...]