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Aircraft and transport. IATA: airlines continue to improve profitability
Geneva, Switzerland - 5.1% net profit margin for 2016
The International Air Transport Association (IATA) announced its airline industry outlook for 2016 which sees an average net profit margin of 5.1% being generated with total net profits of $36.3 billion. IATA also announced a revision to its airline industry outlook for 2015 upwards to a net profit of $33 billion (4.6% net profit margin) from $29.3 billion forecast in June. The strengthening industry...
fra/pec - 1172130
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency