2024 global airline profit forecast raised to nearly $1 trillion as passenger numbers rise.
Global airlines have raised their profit forecast for 2024 and projected industry-wide revenues to nearly reach $1 trillion as record numbers of passengers travel. The International Air Transport Association (IATA) expects the worldwide industry to generate $30.5 billion in profit this year, higher than an upwardly revised $27.4 billion in 2023. The industry saw a $140 billion loss in 2020 due to the pandemic.
June 03, 2024
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