Global airlines anticipate one trillion profits this year

Joint Security Operation Eliminates ISIS Spokesperson in Seiyon

The Central Security Organization (CSO) announced today, Tuesday, that a joint security operation carried out by the coalition's joint special forces and the Yemeni Counter-Terrorism Force (Force 22) managed to eliminate the ISIS terrorist spokesman, known as (Abu Hudhaifa al-Ansari), while he was hiding in a residential house in the city of Seiyon, Hadhramaut governorate.

Second Day of International Media Forum on Islamic Civilization Kicks Off in Tashkent

The second day of the International Media Forum “Islamic Civilization: A New Perspective – New Discoveries” commenced today, Wednesday, at the Center for Islamic Civilization in the Uzbek capital, Tashkent.

German Exports Rise 3.9 Percent

The total of German exports increased by 3.9 percent during the first half of 2026 compared to the same period last year, reaching 817.8 billion euros.

Al Nassr Beat Al Fateh 3-0 in Saudi Football League

Al Nassr defeated Al Fateh 3-0 in the opening round of the Saudi Pro League, known as the Roshn Saudi League.

Last Update: ، 2026/09/01 Time 02:45:42
Latest News:

Minister of Planning Meets with German Ambassador

Yemeni, Egyptian Officials Discuss Challenges Facing Yemeni Community

Masam Clears 819 Houthi-Laid Mines and Explosive Devices in a Week

Foreign Minister Discusses With Her Kuwaiti Counterpart Bilateral Relations

Minister of Agriculture, UNDP Discuss Joint Cooperation

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.