Tue, Dec 06, 2022
In 2023, airlines are expected to post a small net profit of $4.7 billion -- 0.6 per cent net profit margin. It will be the first profit since 2019 when the industry net profits were $26.4 billion (3.1 per cent net profit margin).
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Mon, Feb 05, 2018
The growing cost of airport infrastructure poses risks to the global airline industry`s profitability and growth, the head of the International Air Transport Association (IATA) said, adding a crisis due to inadequate infrastructure was brewing almost everywhere in the world.
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