SUBSCRIBERS
Top airline execs see profitability gains tapering
Iata survey also finds cargo industry having a tougher time than the passenger market
Published Wed, Apr 27, 2016 · 09:50 PM
Singapore
A SURVEY of airline chief financial officers and heads of cargo suggests profitability gains were locked in during the first quarter of this year, which comes after a record year in 2015.
However, expectations of further gains in profitability have eased due to declining yields and a slowdown in cost reduction.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Transport & Logistics
Hyundai Motor plans to add hybrids to US plant within current investment
Boeing cargo plane lands in Istanbul without front landing gear, no casualties
Uber shares tumble on surprise net loss, weak second-quarter forecast
New law increases control of ownership, management of critical transport firms in Singapore
Premium for big car COEs tops S$105,000 while that for mainstream cars hovers below S$95,000
Toyota sees 20% full-year profit decline after blockbuster Q4