(07/12/22)
IATA has forecast the global airline industry to
return to profitability in 2023 as airlines continue to cut losses
stemming from the effects of the COVID19 pandemic to their
business in 2022.
In 2023, airlines are expected to post a small net
profit of $4.7 billion, a 0.6% net profit margin and the first
profit since 2019 when industry net profits were $26.4 billion
(3.1% net…