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Profits expected to swoop in for airlines
Dec 8, 2022

Profits expected to swoop in for airlines

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Because of the pandemic, there's going to be a shift as to the sources of those profits, according to the International Air Transport Association. Elsewhere, we check in on China, which is in the midst of easing its zero-COVID restrictions. Then, a report notes how coal could be replaced as the world's top bringer of electricity.

Segments From this episode

As travel picks up, airlines expect to turn their first profit since 2019

by Lily Jamali
Dec 8, 2022
Leisure travel, as opposed to business, is the source of most of the industry’s profits these days.
Before Covid, business travelers made up 50% or more of airline profits. But today, leisure travelers are the source of most of the industry’s profits, says travel industry expert Henry Harteveldt.
Sail Loeb/AFP via Getty Images
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