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-8.09323405632442E-05 -0.00129491744901263 -0.00291356426027837 -0.0035043703463903 0.000728391065069629 -0.000890255746196118 -0.00129491744901263 0.00113305276788614
Stock impact report

Airlines Global Market Report 2023 - Post-Pandemic Rebound as Market Set to Reach $708.48 Billion in 2027, with a CAGR of 8% Between 2023-2027 [Yahoo! Finance]

American Airlines Group, Inc. (AAL) 
Last american airlines group, inc. earnings: 4/30 07:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
The global airlines market is expected to grow from $483.34 billion in 2022 to $520.20 billion in 2023 at a compound annual growth rate (CAGR) of 7.6%. The airlines market is expected to reach $708.48 billion in 2027 at a CAGR of 8.0%. An increase in the number of air passengers is expected to propel the growth of the airline market going forward. Air travel can have a significant impact on a region's social and economic development as well as its sustainability. For instance, according to the International Air Transport Association (IATA), a Canada -based trade association of the world's airlines estimates the number of passengers is expected to reach 4 billion in 2024. The total number of travelers in 2021 was 47% higher than in 2019. Hence increase in the number of air passengers is driving the growth of the airline market. Strategic partnerships are a key trend gaining popularity in the airline market. Many companies operating in the airline market are undergoing partnerships Show less Read more
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