Announcement

Collapse
No announcement yet.

Global airline industry cuts profit forecast by more than a fifth

Collapse
X
  • Filter
  • Time
  • Show
Clear All
new posts

  • Global airline industry cuts profit forecast by more than a fifth

    Passenger numbers are up but US–China trade dispute poses major threat, says Iata
    The global airline industry is expected to record its lowest profits in five years as fuel costs rise and world trade weakens.
    The International Air Transport Association, the 290 members of which account for 82% of scheduled air traffic, cut its forecast for earnings across the industry this year by more than a fifth on Sunday.
    Continue reading...

    More...
Working...
X