IATA’s April Airline Finance Monitor

In the April report of the Airlines Financial Monitor, the International Air Transport Association (IATA) shows a pick-up in airline financial performance during the first quarter of 2018 compared to the same period a year ago. The improvement was broad-based, with every region except Europe posting a widening in their EBIT margin. Despite these signs, IATA warns, global airline share prices fell by 4.8% in April, and underperformed the wider equity market by the widest margin in 10 months. The decline in April was led by North America, where investor concerns of the impact of rising capacity and fuel prices