As 2018 wrapped up, North American airlines were on track to see aggregate net profits fall about 20% from 2017’s strong $18.4 billion total, the International Air Transport Association (IATA) calculates. Considering year-over-year fuel-cost increases of 30-40%, the bottom-line performance is impressive even with the dip, and a combination of cost controls and new revenue-generating levers—bolstered by fuel prices heading down as 2019 approaches—could be setting the stage ...

SUBSCRIBE TO ACCESS THIS PREMIUM CONTENT

"North American Carriers Eye Revenue Boosts And Cost Savings" is part of Aviation Week & Space Technology’s Aerospace 2017 coverage. Subscribe today to receive access to this, plus ongoing analysis of technologies and innovations driving the industry forward.

 

Already registered? here.