IATA predicts dip in profits
Airline profit expectations for the year ahead have fallen further but remain positive, according to the International Air Transport Association (IATA) quarterly survey of airline CFOs and heads of cargo in October. The rate of expected improvement in profitability over the next 12 months has fallen in October compared to Q1, suggesting that improvements in key drivers might have peaked earlier in the year, said international Air transports Association (IATA) in a report released today….
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