SAGE Airline Industry Deep Dive

Flying the masses in style What is commercial air travel? Commercial airlines are the workhorses of the skies—large aircraft carrying hundreds of passengers on domestic and international routes. They move millions of people daily, connecting major cities, tourist destinations, and everything in between. They offer everything from budget-friendly short-haul hops to ultra-long-haul luxury cabins. Sources: IATA, Statista COMMERCIAL AIRLINES In 2024, global commercial airlines are expected to carry over 4.7 billion passengers, surpassing pre-pandemic records. Industry revenue hit $996 billion in 2023, with steady growth forecasted thanks to increased leisure travel demand and expanding route networks.

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