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Airlines Set to Earn 2.7% Net Profit Margin on Record Revenues in 2024

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Geneva - The International Air Transport Association (IATA) announced strengthened profitability projections for airlines in 2023, which will then largely stabilize in 2024. However, net profitability at the global level is expected to be well below the cost of capital in both years. Very significant regional variations in financial performance remain. (www.iata.org) More...

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CapeCodder
CapeCodder 1
I guess withholding a few pretzels and an entire can of soda has paid off handsomely.
kitsosgeorge
Great news !!
avionik99
avionik99 3
Percentage wise that is a small number. No wonder a small downturn in travel and airline companies are looking at disaster.

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