Economic Performance of the Airline Industry

We estimate that total employment by airlines will decline to 1.9 million in 2020 and improve slightly in 2021. Productivity is likely to fall with the average employee generating 448,328 ATKs a year. Wages will decline in the industry but despite declining unit labour costs, the squeeze on airline profit
margins will continue.

Source: Economic Performance of the Airline Industry – IATA

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