Singapore
SOME 40 per cent of airline heads expect profits to grow in the coming year, but this figure is down from previous years, suggesting that momentum in the profitability cycle has weakened.
The norm a few years ago was 60 to 70 per cent, noted the International Air Transport Association (Iata) in the latest Airline Business Confidence Index.
On the other hand, profitability was unchanged in Q4 2016 from the corresponding quarter in 2015. Among the airline chief financial officers and heads of...