IATA - VibeWire Magazine

IATA Expects $30.5 Billion Airline Net Profits In 2024

While IATA expects airline profits to grow in 2024, it is questioning if profit margins are sustainable so far below the cost of capital.

For many years, the issue of blocked funds affected airlines serving Nigeria.

The announcement was made at the IATA Annual General Meeting.

The announcement was made at the IATA Annual General Meeting.

The ability to look objectively at the past is key, while Emirates President Sir Tim Clark suggested the incoming CEO should be a great communicator.

Walsh says outside of Europe, the airline industry is set to continue growing, and reducing the carbon footprint is the course of action.

IATA believes that with some incentives and the right policy settings enough SAF will be available for airlines to meet their 2030 targets.

IATA believes that with some incentives and the right policy settings enough SAF will be available for airlines to meet their 2030 targets.

While Nigeria and Egypt made progress in unblocking funds owed to airlines, there are serious issues with payments from Pakistan and Bangladesh.

While Nigeria and Egypt made progress in unblocking funds owed to airlines, there are serious issues with payments from Pakistan and Bangladesh.