IATA Indicates Profit Forecast Downgrade, Cites Fuel Prices

Credit: Qantas
SYDNEY—IATA is poised to cut its forecast for this year’s airline industry profits because of fuel prices rising faster than expected. IATA is scheduled to release its next industry financial forecast on June 4 during the group’s AGM here. Speaking at an Australasian Aviation Press Club event before...
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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