Airline Profitability Improves with Falling Oil Prices — Financial Health Drives Consumer Benefits
from Air Transport News
The International Air Transport Association (IATA) recently announced an outlook for improved industry profitability in its Economic Performance of the Air Transport Industry report. Airlines are expected to post a collective global net profit in 2014 of some $19.9 billion (up from the $18.0 billion projected in June). This looks set to rise to $25.0 billion in 2015.
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