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Old Habits Dying

机译:旧习惯快死了

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摘要

If the global airline industry follows its historic path, it should be ripe for its next downturn. Roughly every eight years for several decades, the peak of a growth cycle has been reached. But 2018 could provide further support for the popular assumption that industry behavior and the resulting financial performance have changed structurally. Around eight years ago, the airline industry began to emerge from the 2009 global financial crisis. "But we see no reason for the pattern to repeat itself," says Brian Pearce, chief economist of the International Air Transport Asso- ciation (IATA). "We see strong growth in 2018, at least as strong as in 2017 and above [the] long-term growth trend in air travel."
机译:如果全球航空业遵循其历史发展道路,那么下一次下滑将是成熟的。在大约几十年的时间里,大约每八年达到一个增长周期的高峰。但是2018年可以为普遍的假设提供进一步的支持,因为这种假设是行业行为及其产生的财务绩效发生了结构性变化。大约八年前,航空业开始摆脱2009年全球金融危机的影响。国际航空运输协会(IATA)首席经济学家布莱恩·皮尔斯(Brian Pearce)表示:“但我们认为这种模式不会重演。” “我们看到2018年的强劲增长,至少与2017年一样强劲,并高于航空旅行的长期增长趋势。”

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