IATA reports airlines financial health

IATA has published its January report of the Airlines Financial Monitor The key points are: •    Worldwide airline share prices fell by 10% in January, alongside widespread sell-offs in global financial markets; •    Airline financial results from Q4 2015 point to a strong end to 2015, with strong improvements in North America and Europe. Weakness on the cargo side means that Asia Pacific airlines saw the smallest improvements; •    Crude oil prices dropped to a 12-year low during January, reflecting a combination of heightened concerns over excess supply in the market and signs of weakness on the demand side too.