IATA releases June Airlines Financial Monitor

The latest Airlines Financial Monitor for June from the International Air Transport Association (IATA) shows that airline profitability was strengthening in the first quarter of 2018 compared to the same quarter a year ago, while cash flow generation in the industry also picked up. That said, global airline share prices fell for the fifth consecutive month in June, which indicates that forward-looking investors expect more difficult conditions ahead than was the case in Q1. The global airline share price index has now fallen by 14.3% since the start of the year, compared to a 1.7% decline in the global equity