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Last Update: ،
2026/05/26
Time
08:24:23
Latest News:
Prime Minister Returns to Aden After Short Official Visit to Cairo
Yemen, Arab and Muslim Nations Reject Somaliland Move to Establish Mission in Occupied Jerusalem
Chairman of the Consultation Authority Meets Japanese Ambassador to Yemen
Yemeni, Egyptian Foreign Ministers Lead Ninth Round of Strategic Dialogue in Cairo
Yemen Extends Condolences to China over Shanxi Coal Mine Explosion Victims
Latest News:
Prime Minister Returns to Aden After Short Official Visit to Cairo
Yemen, Arab and Muslim Nations Reject Somaliland Move to Establish Mission in Occupied Jerusalem
Chairman of the Consultation Authority Meets Japanese Ambassador to Yemen
Yemeni, Egyptian Foreign Ministers Lead Ninth Round of Strategic Dialogue in Cairo
Yemen Extends Condolences to China over Shanxi Coal Mine Explosion Victims
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.
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