Confidence grows for 2015

The latest IATA quarterly survey of airline CFOs and cargo heads this month shows an increase in profit expectations for the year ahead. The survey also shows that financial performance has started to improve again compared to a year ago, and even after no gains during the second quarter, the outlook remains positive and the industry expects further growth in profitability. The survey indicates that falling inputs costs and stronger growth in traffic volumes are responsible for better recent financial performance as well as the positive outlook. Respondents reported seeing a decline in input costs during the third quarter mainly