IATA now projects cumulative net airline industry profits of $30.5b in 2024 (revised from $25.7b predicted in Dec 2023) vs $27.4b in 2023; revenues are projected at record $996b in 2024, up 9.7% vs 2023, and enplanements at record 4.96b.
ALASKA AIRLINES acquired ex-Boeing Longacres facility in Renton, WA to set up 600,000 sq ft training facility for late 2025 to house 10 full-flight simulators, a mock aircraft for inflight simulations, classrooms, and a production studio.
Among Air France, British Airways, Lufthansa and Turkish Airlines, none of these carriers stand out as top performers when compared with global standards.