The main message from Airline Economics Growth Frontiers Dublin this year was that the aviation industry continues to enjoy an extended peak of the industry upcycle, with many trying to foresee where those areas of stress are building – the KPMG Aviation Industry report touches on many of these (click here to read). But the latest statistics from the International Air Transport Associations (IATA) echo that continual positive vibe. The latest business confidence survey of airline CFOs and heads of cargo indicates an improvement in year-on-year profitability in the fourth quarter of 2017 compared with the same period in 2016.

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