Sunday 5 May 2024
 
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Airline profits

Global airline industry set for solid growth in 2017

The 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

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Iata ups airline profit forecasts

The 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

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