Airlines to see record passengers, earnings

The International Air Transport Association also said it expected the world's airlines to post $30 billion in net earnings this year, up from its previous estimate of $25.7 billion.However, total expenses are also expected to hit a record high this year, climbing 9.4 percent to $936 billion,

Director General Willie Walsh told the body's annual general meeting in Dubai.'Without a doubt, aviation is vital to the ambitions and prosperity of individuals and economies. Strengthening airline profitability and growing financial resilience is important,' he added.The Covid-19 pandemic plunged the air industry into crisis, grounding fleets and costing thousands of jobs.

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