Tag: Brian Pearce

World’s Airlines Likely To See Lower Profits In 2017

Reading Time: 4 minutes The world’s airlines will continue their streak of collective profitability in 2017, but anticipated higher costs coupled with a sluggish global economy lead IATA forecasters to believe 2017’s industry net profit will be almost $6 billion lower than 2016’s expected profit. If the global airline industry posts a net profit of $29.8 billion in 2017, […]

IATA Predicts Steady Profit Levels for Airlines in 2016

Reading Time: 2 minutes IATA said airlines globally can expect to see the record profit levels achieved in 2015 again this year, but with major variations across different regions. At a briefing in London, IATA’s chief economist Brian Pearce said that for the first time in history, investors could look for a return comparable to other industries. Global economy […]