Quantas Aviation

IATA: Despite Overall Progress, African Airlines May Incur $100M Loss in 2018

The International Air Transport Association (IATA) forecasts global industry net profit to rise to $38.4 billion in 2018, an improvement from the $34.5 billion expected net profit in 2017, but posited that African airlines despite this improvement would incur a loss of $100 million next year. This is contained in IATA 2018 forecast made available […]