The airline industry is expected to return to profitability again in 2023. Without unforeseen events, the world’s airlines will generate a profit of $4.7 billion, but IATA Director General refers to this profit level as ‘razor thin’, he said on December…
For some months now we have been tracking the air travel recoveries in selected markets. The chart below is our work in progress. Subscriber content – Sign in Subscribe
As US airlines race to prepare for returning traffic, there is a scramble for capacity. It is the nature of this business that one has to always have extra capacity to deploy quickly. When an opportunity appears, first-mover advantage is…
Emirates recorded its weakest year in 2018-19 in eight years, when announcing a Group profit of AED 2.316bln on May 9. This is -44 percent down on the previous year and almost at the same level as in 2011-12 (AED…
Among the US airlines, things are looking great. For the 3Q 2014, the numbers are stellar. In addition to the numbers listed, the industry had a profit margin over 7%. For the US airline industry profit margins are their highest…