Travel is taking off once again post-pandemic. The International Air Travel Association (IATA) recently boosted its 2022 forecasts, projecting that global air traffic will grow 98% this year compared to last year — reaching 82% of 2019 levels (versus its earlier, more conservative estimate of 59%). However, the road has been anything but smooth in recent months, with mass flight cancellations causing widespread travel disruption and chaos across the U.S. and Europe.

In this report, J.P. Morgan Research examines the factors contributing to these flight cancellations and what they mean for both consumers and investors.

Read more here.