Global airline industry set for solid growth in 2017The global airline industry is expected to make a net profit in 2017 of $29.8 billion, representing a 4.1 per cent net profit margin and total revenues of $736 billion, said the International Air Transport Association (Iata). This More… |
Iata ups airline profit forecastsThe world's airlines will return to profit this year and next at higher levels than previously expected, due to an upturn in the market and better capacity usage, industry association Iata said on Tuesday. However, margins remain low a More… |