Originally Posted by
nootpilot
- Demand for air travel will lag behind pre-coronavirus forecasts for at least five more years, according to the latest projections from an industry trade group
The International Air Transport Association, or IATA, says global traffic will still be about 10 per cent below original estimates in 2025.
The IATA doesn't see travel recovering to last year's levels until 2023, but says factors that drove a decades-long boom in air travel ultimately drive up demand.
13 May 2020
This is misleading, the DOW was at $16,500 Janurary 2016, and peaked at over $29k. No real projections called that, but once it's there projections include it.
If we could find a 2025 projection, from 2016 it will probably be much more consertive than a 2025 projection ran in November 2019.
Right when Richard Anderson retired from Delta he was targeting 1% growth, and the majors got sued for coining the term "capacity discipline".
Southwest and United decide 3-5% YOY was more attractive, then the models baked it in.