The International Air Transport Association (IATA) is lifting its profit forecast for the global airline industry in 2013 to $12.7 billion, thanks partly to lower oil prices and average load factor rising above 80% for the first time. The latest forecast, released at IATA’s annual general meeting in Cape Town, is $2.1 billion higher than its last prediction issued in March. It also is a significant improvement from the 2012 profit of $7.6 billion. The trade group says it will be the ...

THIS CONTENT REQUIRES SUBSCRIPTION ACCESS

You must have an Aviation Week Intelligence Network (AWIN) account or subscribe to this Market Briefing to access "IATA Improves 2013 Airline Profit Guidance But Notes Low Margins".

 

Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.

 

Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.

Already registered? here.