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Last Update: ،
2025/12/09
Time
10:36:04
Latest News:
Leadership Council Member al-Muhrrami, Governor of Central Bank address monetary stability efforts
Al-Mahrami Discusses Security Developments and Ways to Consolidate Stability with Interior Minister
Al-Arada Discusses Current Developments with Ambassadors of the United Kingdom, France
Taiz Governor Discusses Security and Humanitarian Situation with UN Officials
Two Children Injured in Houthi Militia Shelling of Residential Areas in Central Yemen's Taiz
Latest News:
Leadership Council Member al-Muhrrami, Governor of Central Bank address monetary stability efforts
Al-Mahrami Discusses Security Developments and Ways to Consolidate Stability with Interior Minister
Al-Arada Discusses Current Developments with Ambassadors of the United Kingdom, France
Taiz Governor Discusses Security and Humanitarian Situation with UN Officials
Two Children Injured in Houthi Militia Shelling of Residential Areas in Central Yemen's Taiz
Global airlines anticipate one trillion profits this year
[03/06/2024 12:08]
WASHINGTON-SABA
Global airlines raised today, Monday, their 2024 profit forecasts, expecting sector-wide revenues of just under a trillion dollars, as the number of passengers rose to a record high.
The International Air Transport Association (IATA) has predicted that the global sector is set to produce profits of $30.5 billion this year, up from the upwardly adjusted $27.4 billion in 2023.
These forecasts come just 4 years after the sector collapsed, incurring losses of $140 billion in 2020 as a result of the coronavirus pandemic, higher than the forecast of $25.7 billion for 2024 issued in December.
Global airlines raised today, Monday, their 2024 profit forecasts, expecting sector-wide revenues of just under a trillion dollars, as the number of passengers rose to a record high.
The International Air Transport Association (IATA) has predicted that the global sector is set to produce profits of $30.5 billion this year, up from the upwardly adjusted $27.4 billion in 2023.
These forecasts come just 4 years after the sector collapsed, incurring losses of $140 billion in 2020 as a result of the coronavirus pandemic, higher than the forecast of $25.7 billion for 2024 issued in December.
Key words:
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