According to the International Air Transport Association, airlines cut their losses in 2022 to $3.6 billion. A return to green is expected this year, with $9.8 billion in profit.
Airlines expect to carry 4.35 billion passengers worldwide this year, not far from the pre-pandemic record of 4.54 billion in 2019, their main international association, Iata, announced Monday at a general meeting in Istanbul.
This vigorous recovery in traffic, thanks in particular to the reopening of China, will translate into a return of profits for carriers. They are expected to generate $9.8 billion in net profit this year, double what Iata had previously expected, which also halved its 2022 loss estimates to $3.6 billion.
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Source: BFM TV
