IATA Raises Profit Outlook For 2014

By Jens Flottau
Source: Aviation Week & Space Technology
December 16, 2013

The global airline industry is notorious for losing money. But for various reasons, 2014 looks set to be the most profitable year ever.

That is the International Air Transport Association's (IATA) upbeat forecast and it applies to profits in absolute numbers. While the figure may look impressive, it only corresponds to a margin of 2.6%; the industry has had some better profit margins, most recently in 2010.

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