Fewer airline chiefs upbeat about profit growth for the year
Iata survey flags tougher operating conditions from higher fuel prices and falling yields
Add BT as a preferred source
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.
TRENDING NOW
Employers want AI-fluent employees. Hiring them is the challenge
The billion-dollar question Singapore Airlines shareholders should ask at its AGM
With AI, it’s not about coding better; workers need to think better: Koh Boon Hwee
JustCo takes over master tenancy at OG Orchard Point building with push into co-living market
