Fuel prices to crimp airline profitability: AAPA
Association of Asia Pacific Airlines (AAPA) director general Andrew Herdman says rising oil prices are expected to hit airline profitability as heavy competition limits carriers’ ability to lift ticket prices. While airlines in the region, and indeed globally, are still forecast to post healthy profits for the period ahead, Herdman expects the overall picture to […]
Airline profitability, oil prices, passengers demand and more in June IATA Airlines Financial Monitor
Key points: The latest financial data from the industry show that airline profitability was strengthening in Q1 2018 compared to the same quarter a year ago, while cash flow generation in the industry also picked up. That said, global airline share prices fell for the fifth consecutive month in June, which indicates that forward-looking […]
IATA: Airport charges a key concern for region"™s aviation
Airlines in Middle East, Africa to continue facing challenges in 2017 Passengers at Dubai International Airport. In March 2016, Dubai announced that passengers departing will be required to pay a Dh35 airport user fee. Abu Dhabi: Airlines in the Middle East and Africa in 2017 are expected to continue facing much of the same challenges […]