IATA chief economist Brian Pearce
The world’s airlines will continue their streak of collective profitability in 2017, but anticipated higher costs, coupled with a sluggish global economy that lead IATA forecasters to believe next year’s industry net profit will be almost $6 billion lower than 2016’s expected profit. If the global airline industry posts a net profit of $29.8 billion in 2017, as IATA announced it expects in its forecast released Dec. 8, then it would break a three-year run in which the ...
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