Airline Supply and Demand 'Finely Balanced': IATA's Walsh

The video discusses the impact of rising fuel oil prices on airline fares, highlighting that airlines pass on increased costs to consumers. It examines macroeconomic factors, noting that a strong economy can benefit airlines despite high oil prices. The video also explores demand and supply dynamics, indicating strong demand but constrained supply due to external factors. Finally, it differentiates between business and premium travel, noting growth in premium travel despite lower business travel levels.

What challenges are airlines facing in terms of supply?

How is the demand for premium travel changing compared to economy travel?