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Aircraft and transport. IATA: industry on track for second year of improving profits
Geneva, Switzerland - Rising fuel costs largely offset by increased demand
![Airplane on runway (photo by Mauro Cini)](https://www.avionews.it/resources/big/1153748ba4905d61a09fa13c137f2267.jpg.webp)
The International Air Transport Association (IATA) announced that the airline industry remains on track to deliver a second consecutive year of improved profitability. This is despite a slight downward revision to its industry outlook for 2014 to an industry profit of $18.7 billion from the previously forecast $19.7 billion. The main driver of the downward revision is higher oil prices which are...
fra/pec - 1158961
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency