2024 Airlines and Railways Outlook

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Presented by

Vineet Khattar, Rohit Kumar, Scott Rattee

About this talk

Despite a weak macroeconomic environment, the transportation industry should be relatively resilient in 2024. Airline sector growth should normalize in 2024 as the industry achieves full recovery to pre-pandemic levels. That said, potential headwinds that could impact the sector include a significant economic downturn and geopolitical tension escalations. On the railway front, railroads should push for price and productivity increases to compensate for the volume weakness. However, volumes may rebound by the second half of 2024, especially in rate sensitive sectors, as interest rate cuts start to materialize. Any volume rebound in conjunction with price actions and productivity improvements should help with the margins. We will follow with a Q&A for all who wish to participate.
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