IATA: North American profits make up for global weakness

Airline profits have increased by 12 per cent in the first quarter of 2016 to $3 billion, with North America making up for the rest of the world being weak, despite freight struggling, the International Air Transport Association (IATA) says in its Airlines Financial Monitor. North American airlines had a net post tax profit of […]

IATA: Profits rise but cargo remains weak

Airlines saw profits increase by 50 per cent in the fourth quarter of 2015 compared to 2014, despite cargo continuing to struggle, according to the International Air Transport Association (IATA) airlines financial monitor December 2015. The association sampled 14 airlines in North America, Asia-Pacific and Europe, who saw profits for the quarter increase from $2.4 […]