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

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Comments

Array

Showroom

The Southern African Institute of Mining and Metallurgy
The Southern African Institute of Mining and Metallurgy

The SAIMM started as a learned society in 1894 after the invention of the cyanide process that saved the South African gold mining industry of the...

VISIT SHOWROOM 
Condra Cranes
Condra Cranes

ISO-certified Condra manufactures overhead cranes, portal cranes, cantilever cranes and crane components: hoists, drives, end-carriages, brakes and...

VISIT SHOWROOM 
Array

Latest Multimedia

sponsored by

Sun City Hotel gets major revamp
Sun City Hotel gets major revamp
5th November 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







301

sq:0.122 0.216s - 167pq - 2rq
Subscribe Now