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Stock impact report

20 Largest Airlines in the World in 2024 [Yahoo! Finance]

Air Transport Services Group, Inc (ATSG) 
Last air transport services group, inc earnings: 3/2 04:46 pm Check Earnings Report
US:NASDAQ Investor Relations: atsginc.com/investor_relations.html
Company Research Source: Yahoo! Finance
The airline industry has been on the rise lately, showing some serious growth potential. The market size is expected to jump from $523.04 billion in 2023 to a whopping $794.61 billion by 2028, with a solid compound annual growth rate (CAGR) of 8.8%. The International Air Transport Association (IATA) is looking at a net profit of $25.7 billion for the global airline industry in 2024, and operating profits are aiming for a record high of $49.3 billion. North American carriers are leading the charge, set to rake in a nice $14.4 billion in profits, according to the IATA . This positive outlook, combined with a surge in passenger traffic, signals a major comeback for the industry. Even though the pandemic posed challenges, airlines bounced back quickly and showed their resilience and adaptability. With the Alaska-Hawaiian and JetBlue-Spirit acquisition deals shaking things up, it's clear the industry is not just recovering; it's gearing up for a fresh chapter of growth and competition. Show less Read more
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