https://newsletter.en.creamermedia.com
transport
transport
transport

PROFIT TAKE-OFF

PROFIT TAKE-OFF: The International Air Transport Association is forecasting that global airlines will earn a collective $9.8-billion in profit this year, which is double its previous estimate published in December. In a speech this month, director-general Willie Walsh indicated that the increase was attributable to a post-pandemic surge in flying in North America and Europe, driving up ticket prices. However, he also warned that margins remained “wafer thin”. Photograph: Bloomberg

Photo by Bloomberg

16th June 2023

     

Font size: - +

The International Air Transport Association is forecasting that global airlines will earn a collective $9.8-billion in profit this year, which is double its previous estimate published in December. In a speech this month, director-general Willie Walsh indicated that the increase was attributable to a post-pandemic surge in flying in North America and Europe, driving up ticket prices. However, he also warned that margins remained “wafer thin”. Photograph: Bloomberg

Edited by Creamer Media Reporter

Comments

Latest News

Small business selling tyres
Sacci, Absa partner on new SME index
21st February 2025 By: Marleny Arnoldi

Showroom

Tractor & Grader Supplies
Tractor & Grader Supplies

Tractor & Grader Supplies (TGS™): Your Trusted, Genuine Source for New Replacement Parts for Earthmoving, Construction and Mining Machinery

VISIT SHOWROOM 
Weir
Weir

Weir is a global leader in mining technology. We recognise that our planet’s future depends on the transition to renewable energy, and that...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 21 February 2025
Magazine round up | 21 February 2025
21st February 2025

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.058 0.143s - 150pq - 2rq
Subscribe Now