It covers matters of relevance for understanding air transport statistics or preparing air transport forecasts.
In the latest Industry Monitor we focus on the 2.8% increase of European flights in May 2018, matching the baseline forecast published in February. The record-breaking growth rate was impeded only by industrial action throughout the month.
In other news, IATA expects European airlines to post 2018 profit of €7.4 billion, cutting its previous forecast by €2.4 billion. The price of Brent crude oil hit its highest level since November 2014, averaged €65 per barrel in May.