IATA: Airlines Financial Monitor

IATA has issued its November report of the Airlines Financial Monitor. Key points: •    The latest financial results from Q3 2016 continue to indicate another solid quarter for industry profitability, although there are ongoing signs that momentum in the profitability cycle has weakened; •    Global airline share prices jumped by 7.5% in November, driven by a 16.4% increase for North America carriers; •    Brent crude oil prices recently reached a 17-month high, following the agreement by OPEC to restrict oil supplies. The oil market is gradually rebalancing, with prices expected to trend upwards modestly in the coming years; •    While