The airline industry’s dramatic climb from the depths of the pandemic may be ending soon. A review of multiple reports shows stabilization across several key metrics, as rapid growth ends and a new era of normalcy begins. “2024 is expected to mark the end of the dramatic year-on-year increases that have been characteristic of the recovery in 2021-2023,” a December report by the International Air Transport Association said. Global flight capacity is expected to be restored, with some 40 million flights (up from 38.9 million in 2019) projected to carry a record 4.7 billion people (up from 4.5 billion people in 2019), according to…
