These are good times for airlines around the world but it’s still a tough business, the industry’s trade association says.
Airline profits will rise in 2018 as strong demand, improved efficiency and lower interest payments offset rising costs, IATA (International Air Transport Association) director general Alexandre de Juniac said on Tuesday.
“More people than ever are travelling. The demand for air cargo is at its strongest level in over a decade. More routes are being opened,” he told the IATA global media conference in Geneva, Switzerland.
This has seen airlines achieve “sustainable levels of profitability”, de Juniac said.
from Ellie NZ Rss http://www.stuff.co.nz/business/industries/99576926/With-more-people-flying-than-ever-airline-profits-are-tipped-to-rise-IATA
from
https://ellieplume83.wordpress.com/2017/12/06/with-more-people-flying-than-ever-airline-profits-are-tipped-to-rise-iata/
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