IATA to downgrade airline profit forecast on rising fuel prices

IATA is set to cut its forecast for this year’s airline industry profits as fuel prices continue to rise more quickly than expected. IATA is scheduled to release its next industry financial forecast on June 4 during the group’s annual general meeting (AGM) in Sydney. Speaking at an Australasian...
Adrian Schofield

Adrian is a senior air transport editor for Aviation Week, based in New Zealand. He covers commercial aviation in the Asia-Pacific region.

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