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Iata chief says feeling in airline industry 'very positive'

Nisha Ramchandani

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.

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