Strong Profits Continue – Labor, Fuel and Supplier Costs on the Rise
2017-06-06Reading Time: 7 minutes The International Air Transport Association (IATA) revised its 2017 industry profitability outlook upwards. Airlines are expected to report a $31.4 billion profit (up from the previously forecast $29.8 billion) on revenues of $743 billion (up from the previously forecast $736 billion). “This will be another solid year of performance for the airline industry. Demand for […]