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The International Air Transport Association (IATA) on Tuesday said that the global airline industry would return to profit next year for the first time since 2019. The association expects a small net profit of around $4.7 billion in 2023, while in 2022, the sector is expected to post a net loss of $6.9 billion, an IATA statement said. The airline industry was one of the most-effected sectors by the pandemic measures, such as lockdowns and travel restrictions. The IATA statement recalled the losses of $42 billion in 2021 and $137.7 billion in 2020. "As we look to 2023, the financial recovery will take shape with a first industry profit since 2019," said Willie Walsh, IATA’s director general.
Air transport body expects airlines to return to profitability in 2023
International Air Transport Association forecasts net profit of $4.7B next year
07 Aralık 2022 Çarşamba 08:42
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