Tag: Global Airlines

IATA Hikes 2016 Profit Forecast For Global Airlines

Reading Time: < 1 minute Global airlines should make more money than previously expected this year, the International Air Transport Association (IATA) said on Thursday, helped by low oil prices and work by airlines to fill planes and drive ancillary revenues. IATA said it forecast net profit of $39.4 billion for the industry this year, against a previous $36.3 billion […]