JetBlue's proposed merger with Spirit Airlines and Alaska Air Group's acquisition of Hawaiian Airlines could reshape the North American aviation market in 2024, amid scrutiny of ultra-low cost carriers.
Asia-Pacific airlines are set to focus on international recovery, industry consolidation, and major aircraft orders in 2024, with China's market recovery and geopolitical factors playing key roles.
Asia-Pacific start-up airlines are capitalizing on post-pandemic opportunities, with some rapidly growing their fleets while others face financial struggles.
Despite high operating costs and regulatory challenges, Africa's aviation sector shows growth potential, with Ethiopian Airlines leading the market and low-cost carriers gaining traction.