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17 sty 2024 · After returning to profitability with an estimated $23.3 billion in net profits in 2023, airlines globally are projected to generate $25.7 billion in net profits on historically high revenues of...
25 sty 2024 · IATA forecasts airline net profit to reach $25.7bn in 2024 (industry net profit in 2019 was $26.4bn) with a 2.7% net profit margin (3.1% in 2019), but also expects growth in terms of RPKs to reach more stable levels, predicting RPK year-on-year growth of 9.8% for this year.
Aviation news covering airlines, aerospace, air transport, defence, safety and business aviation by global regions
6 gru 2023 · Airline industry operating profits are expected to reach $49.3 billion in 2024 from $40.7 billion in 2023. Total revenues in 2024 are expected to grow 7.6% year over year to a record $964 billion. Expense growth is expected to be slightly lower at 6.9% for a total of $914 billion.
1 lip 2024 · In its latest biannual report, the International Air Transport Association (IATA) raised the industry’s 2024 profit outlook by ~18% in light of strong demand and higher airfares. Its longer-term forecasts also suggest Asia Pacific will experience the highest growth in demand for air travel globally, with a passenger CAGR of 5.3% over the next ...
Budget airline Spirit was soaring in 2022 as Frontier and JetBlue engaged in a bidding war to buy out the smaller airline. Now, Spirit is filing for bankruptcy. WSJ’s Alison Sider explains. Since...
In a special white paper authored for the Airfinance Journal’s 2022-2023 Annual, Alton Aviation Consultancy looks at the state of commercial aviation and aircraft leasing, and the outlook for the year ahead.
