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Aircraft and transport. IATA: airlines cut losses in 2022
Return to profit in 2023
The International Air Transport Association (IATA) expects a return to profitability for the global airline industry in 2023 as airlines continue to cut losses stemming from the effects of the COVID-19 pandemic to their business in 2022. In 2023, airlines are expected to post a small net profit of $4.7 billion—a 0.6% net profit margin. It is the first profit since 2019 when industry net profits we...
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AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency