TD Cowen predicts the busy year-end holiday season will be a ‘good test’ of 2024 travel sector pressures

American multinational investment bank TD Cowen has published its 2024 travel outlook, highlighting that although airlines’ strong year-end performance (helped by a strong Thanksgiving) will likely continue into 2024, ongoing pressures will still need to be negotiated. ‘Airlines continue to do less (flying) with more (people) to improve their on time performance and completion factor,’ explains TD Cowen, adding that the upcoming year-end holiday period will be a ‘good test’ of challenges ahead. Among the primary investment risks outlined by the company, TD Cowen highlights that ‘some airlines are still having issues attracting qualified pilots and mechanics which could limit