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World airline industry to make $6.7 bn profit in 2012: IATA
By IANS | Bharat Defence Kavach | Publish Date: 12/13/2012 12:00:00 AM
World airline industry to make $6.7 bn profit in 2012: IATA

Geneva : The International Air Transport Association (IATA) Thursday revised its current industry financial outlook to a profit of $6.7 billion from the $4.1 billion forecast in October.

"This (profit) is expected to improve slightly to $8.4 billion in 2013. Industry net post-tax margin, however, will remain weak at 1.0 percent in 2012 and 1.3 percent in 2013.

According to IATA, the forecast of $6.7 billion in profit for 2012 is driven by strong airline performance in the second and third quarters.

"Despite high fuel prices and a slowing world economy, airline profits and cash flows held up at levels similar to 2006 when oil prices were about $45 per barrel lower and world economic growth was 4.00 percent," it said.

IATA director general and chief executive Tony Tyler said airlines had adjusted to the difficult business environment by improving efficiency and restructuring.


World airline industry to make


भारत डिफेंस कवच की नई हिन्दी पत्रिका ‘डिफेंस मॉनिटर’ का ताजा अंक ऊपर दर्शाया गया है। इसके पहले दस पन्ने आप मुफ्त देख सकते हैं। पूरी पत्रिका पढ़ने के लिए कुछ राशि का भुगतान करना होता है। पुराने अंक आप पूरी तरह फ्री पढ़ सकते हैं। पत्रिका के अंकों पर क्लिक करें और देखें। -संपादक

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