Hong Kong, Dec. 10 -- Global airlines are expected to achieve a total net profit of US$41 billion in 2026 compared with $39.5 billion in 2025, the International Air Transport Association (IATA) has announced in its latest financial outlook. Read More The predicted net profit will set a new record although net profit margins are forecast to be unchanged from 2025, at 3.9%. Net profit per passenger transported is estimated to be $7.90; below the 2023 peak of $8.50 and lower than Apple's profit from selling any iPhone cover, Willie Walsh, IATA director general, told journalists attending the IATA Global Media Day gathering in Geneva. Total industry revenue will reach $1.053 trillion in 2026, up 4.5% on the $1.008 trillion revenue forecast for ...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.