Issue Summary

It’s so hard to say goodbye. The third quarter of 2023 is coming to an end, leaving mostly good memories for the global airline industry. It wasn’t all fun and games — not with ongoing supply-side headaches (i.e., more bad news for geared-turbofan engine customers) and another run-up in fuel costs (that’s bad news for everyone). But in general, most airlines in most markets enjoyed historically high levels of demand last quarter, underpinned by a voracious consumer appetite for travel.