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Stock impact report

Is SkyWest, Inc. (SKYW) the Best Airline Stock to Buy According to Hedge Funds? [Yahoo! Finance Canada]

U.S. Global Investors, Inc. - Class A (GROW) 
US:NASDAQ Investor Relations: usfunds.com/about-us/investor-relations
We also dive deep into trends in the commercial aviation industry, especially the impact the return of international travel to pre-pandemic levels has had on the airline industry. The coronavirus pandemic wreaked havoc across the global airline industry. According to the International Air Transport Association (IATA), industry revenues slumped from $838 billion in 2019 to $384 billion a year later, registering a 54.1% downfall. However, the market has gradually recovered over the last few years and is on track for solid growth as international travel resumes worldwide. A report by UN Tourism in January this year stated that international tourism was recorded in 2023 at 88% of pre-pandemic levels, and is on track to return to levels before the coronavirus struck. The IATA anticipates global airline revenue to reach $996 billion in 2024, 19% higher than in 2019 and 1.5 times higher than the pandemic low of 2020. The global travel recovery has been led by the Middle East, the stro Show less Read more
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