IATA Forecasts Airlines’ Gradual Return To Profit While Costs Increase
Director General Willie Walsh (right) and Chief Economist Marie Owens Thomsen share IATA's latest forecast Dec. 6.
Credit: IATA
GENEVA—The world’s airlines as a collective will be back in the black in 2023, IATA expects, but the net profit will be minuscule and several major regions, including Asia-Pacific, will remain in the red. IATA released its 2022/2023 forecast on Dec. 6 at media briefings from its Geneva headquarters...
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