IATA reports airline health for January 2017

The International Air Transport Association’s (IATA) has stated that the initial financial results for Q4 2016 indicate a continued solid performance for the air transport industry, albeit with ongoing signs that momentum in the profitability cycle has weakened. The remarks are made in the associations airline health monitor for January 2017. Global airline share prices began the year on a positive note, rising 1.5% in January and a healthy 6.8% over the past year. However, the industry has lagged the overall performance of global equities on both measures, according to the IATA report. Brent crude oil prices have been broadly