Airlines profitability continues in 2018

According to the latest figures from The International Air Transport Association (IATA), global industry net profit to rise to $38.4 billion in 2018, an improvement from the $34.5 billion expected net profit in 2017 (revised from a $31.4 billion forecast in June). This outlook correlates to the overall picture from airlines, lessors and financial institution leaders around the world who have contributed to the Aviation Industry survey, which is close to completion and will be published in January. IATA highlights that global airlines expect an improvement in net margin to 4.7% (up from 4.6% in 2017); a rise in overall