ADVOCACY |
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Executive Summary
As summer begins, passenger confidence is returning. Two months ago, the aviation industry enjoyed a strong spring break. Since then, after a short dip, passenger traffic resumed its steady growth. Summer is starting strong and appears to be robust. However, the longevity of this leisure passenger-driven recovery is unknown. Further, what will the recovery of business and international travel look like? This uncertainty means the concessions industry recovery is far from certain. Moreover, recovery—when it occurs—will not resolve systemic issues in the airport concessions business that were evolving before the pandemic.
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