
This chart shows how the airline industry will return to profit next year
Airlines are expected to leave COVID-related turbulence behind in 2023. Profits are expected to be $4.7 billion – still far below $26.4 billion in 2019.
Felix Richter is a data journalist at Statista.
Airlines are expected to leave COVID-related turbulence behind in 2023. Profits are expected to be $4.7 billion – still far below $26.4 billion in 2019.
Air travel has picked up this year following COVID-19 disruptions in 2020-21. However, seat capacity on commercial airlines is still below 2019 levels.
The global inflation crisis, paired with lacklustre economic growth and an outlook clouded by uncertainties, has led to a decline in real wages around the world, says ILO report.
Global average consumption of fish and other seafood per person reached a record high of 20.5 kilogram in 2019. The highest consumers are coastal nations.
Global fisheries and aquaculture production totaled 177.8 million tonnes in 2020 according to a report from the Food and Agriculture Organization of the United Nations (FAO).
The past eight years have been the warmest on record. These charts show there is a clear warming trend, with temperatures in each of the past 45 years surpassing the 20th-century average.
Consumer spending is proving resilient in the face of surging inflation in the US, but spending on goods declined for the third consecutive quarter, says Statista.
The US labour market has seen millions of Americans leave their jobs, but according to a report, the 'Great Resignation' lost some steam in September.
There is an ongoing imbalance between US labour demand and supply, with more than 10.7 million job openings but only 5.7 million people unemployed.
Fuelled by Russia's invasion of Ukraine, inflation and consumer prices continue to rise in America despite the Fed's most aggressive rate hike in decades.
US consumer spending rose by 2% in inflation-adjusted terms in the second quarter. But there are warning signs, such as lower spending on food and drink.
The US added 263,000 jobs in September. However, a slowing labour market would reduce the chance of the Federal Reserve making large interest rate hikes.
US job openings fell in August, signalling that the labour market is slowing. But demand remains high, with 1.5 unfilled positions per unemployed person.
Millions of Americans are facing financial hardship due to rising consumer prices, as the level of inflation remains at its highest level in more than 40 years.
Despite a drop in gasoline prices, inflation has showed little signs of cooling off in August due to increases in prices for shelter, food, and medical care.