News Formal

Airline industry doubles its 2023 profit forecast as demand surges

  • 📰 trtworld
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

Global airlines more than double their 2023 industry profit forecast to $9.8B from $4.7B cheered by strong travel demand as the sector recovers from the Covid-19 pandemic, according to IATA

Revenue levels for 2023 are also inching closer to pre-pandemic levels, IATA says. / Photo: Reuters Archive

"The pandemic years are behind us and borders are open as normal," Director General Willie Walsh told the annual meeting of the International Air Transport Association on Monday. "A lot of people not just have to travel, but want to travel. And they will continue to do so through this year," Walsh told Reuters in an interview separately.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 101. in UK
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

State of the Film Business in 2023: A Special ReportFor Variety VIP+ subscribers: A data-filled comprehensive special report on the global film biz — from box office to exhibitor finances and beyond
Source: Variety - 🏆 108. / 63 Read more »