Many airlines still struggling – IATA boss
North America is leading the airline industry in profits while much of the world still struggles. |||
Miami – As fuel prices drop and more planes fly filled to capacity, North America is leading the airline industry in profits while much of the world still struggles, officials said on Monday.Airlines are projected to make $29.3 billion in collective profit on revenues of $727 billion in 2015, said Tony Tyler, director general of the International Air Transport Association (IATA), at the group’s annual meeting in Miami Beach, Florida.Earlier profit projections had estimated a year-end profit of $25 …read more
Source: Independent Online
