jQuery
Aviation Industry

Airlines see strong Q3 performance despite dip

noviembre 13, 2017

Initial financial data shows that global airlines’ profitability remained robust in the third quarter, albeit easing slightly from a year ago. A sample of 26 airlines analysed by the International Air Transport Association (IATA) revealed a 16.3% margin in earnings before interest and taxes (Ebit) in July-September, down from 18.2% in the same period last year.

Asia-Pacific was the only of four geographical regions whose airlines displayed upward increase in the Ebit margin, to 14.7% from 11.9% previously to match that of North American airlines.

European carriers, despite easing a little, have the highest margin, at 20.3%, from 22.2% a year ago.

North American airlines’ Ebit margin dropped to 14.8% from 17.5%, according to the latest IATA financial monitor report.

Highlighting the challenging operating conditions in the region, the performance of Latin American carriers lagged, with a margin of 8.1%, from 10.7% earlier…

Compartir noticia por email:
Fuente: https://www.bangkokpost.com/business/news/1359499/airlines-see-strong-q3-performance-despite-dip

Síguenos en Twitter: @aerolatinnews