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Profits Soar: IATA Revises Airline Profitability Outlook

Airline industry net profits are expected to reach US$9.8 billion in 2023 (1.2% net profit margin). This is more than double the December 2022 forecast of US$4.7 billion, according to the International Air Transport Association (IATA). In an upgrade of its outlook for 2022, IATA…

June 6th, 2023
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