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"AGM" IATA: industry profitability improves

Dublin, Ireland - Iata urges governments to address airline blocked funds

The International Air Transport Association (IATA) revised its 2016 financial outlook for global air transport industry profits upwards to $39.4 billion (from $36.3 forecast in December 2015). That is expected to be generated on revenues of $709 billion for an aggregate net profit margin of 5.6%. 2016 is expected to be the fifth consecutive year of improving aggregate industry profits. In 2015 airlines...

fra/pec - 1175683

AVIONEWS - World Aeronautical Press Agency