Strong Performance Sustains Profitability 1.8% Net Margin Despite Weak Economies and High Oil Prices
The International Air Transport Association (IATA) upgraded its global outlook for the airline industry to a $12.7 billion profit in 2013 on $711 billion in revenues. This is $2.1 billion better than the $10.6 billion profit projected in March of this year and an improvement on the $7.6 billion profit generated in 2012. Margins remain […]