Global airline industry s 2018 net profit expected to rise: IATA
Tuesday - December 5, 2017 9:08 pm ,
Category : BUSINESS
New Delhi Dec 5 (IANS) The global airline industry s net profit is expected to rise substantially in 2018 due to strong demand efficiency and reduced interest payments a global airline association said on Tuesday.
According to a forecast by IATA global industry s net profit is likely to touch $38.4 billion in 2018 from the $34.5 billion expected net profit in 2017.
IATA represents some 275 airlines comprising 83 per cent of global air traffic.
--IANS
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