NEW DELHI, June 2 — Global airlines shaved a key forecast for 2025 industry-wide profits on Monday, blaming trade tensions and declining consumer confidence, while hitting out at "unacceptable" delays in jetliner deliveries that have hindered their growth plans.
ISTANBUL, June 5 — The airline industry net profit is expected to reach US$9.8 billion (RM44.8 billion) in 2023 with a 1.2 per cent margin, which is more than double the previous forecast of US$4.7 billion (RM21.5 billion) made in December 2022, said the International Air Transport Association (IATA) today,.
ISTANBUL, Dec 7 — The International Air Transport Association (IATA) on Tuesday said that the global airline industry would return to profit next year for the first time since 2019, reported Anadolu.
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