The Business Times
SUBSCRIBERS

Iata chief says feeling in airline industry 'very positive'

Nisha Ramchandani
Published Thu, Jul 9, 2015 · 09:50 PM

Singapore

THE outlook for the airline industry remains positive this year, although risks remain in the form of a potential Grexit and the slowing Chinese economy, according to the head of an aviation association.

This year, the world's airlines are expected to clock a record US$29.3 billion in profits, up nearly 80 per cent from a year ago, thanks in part to lower fuel prices and robust load factors.

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Transport & Logistics

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here