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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Aviation News
1 mins to read

Airline profits to soar: Iata lifts industry outlook

Aggregate earnings expected to be double forecast made last December.

Iata director general Willie Walsh speaking at the annual meeting in Istanbul.

Nevil Gibson Thu, 08 Jun 2023

Airline industry net profits were expected to reach US$9.8 billion in 2023, more than double the December 2022 forecast of US$4.7b from the International Air Transport Association (Iata).

In lifting its 2022 outlook, Iata said operating profits were expected to reach US$22.4b in 2023 compared with

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Nevil Gibson Thu, 08 Jun 2023
Contact the Writer: ngibson@nbr.co.nz
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Airline profits to soar: Iata lifts industry outlook
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