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The Future of the Regional Jet Industry
The US Air Street made $2 billion profit in 2022 and expected to make 11.5 and 23 according to the latest international air transport association projections. Globally, the industry will end 23 with profits of 9 billion and that is 1.2% roughly net margin. There's an established relationship between GDP and passenger travel and airline revenues. And airline industry is not recession-proof. So it's a question of scale and timing of recession. Keyword for the post-pandemic world is to be as nimble and as flexible as you can be.