Do you want to access to this and other private contents?
Log in if you are a subscriber or click here to request service
IATA (3). Solid profits despite rising costs
The International Air Transport Association (IATA) announced its expectation for airlines to achieve a collective net profit of $33.8 billion (4.1% net margin) in 2018. This is a solid performance despite rising costs, primarily fuel and labor, but also the upturn in the interest rate cycle. These rising costs are the main driver behind the downward revision from the previous forecast of $38.4 billion...
AVIONEWS - World Aeronautical Press Agency