airline profitability – आवारा मुसाफिर

Airline profitability to strengthen slightly in 2025 despite headwinds

June 2, 202589 Views

The International Air Transport Association (IATA) announced updates to its 2025 airline industry financial outlook, showing improved profitability over 2024 and resilience in the face of global economic and political shifts. Highlights from the expected 2025 financial performance include: Net profits at $36.0 billion, improved from the $32.4 billion earned in 2024, but slightly down on the previously projected $36.6 billion (December 2024). Net profit margin at 3.7%, improved from the 3.4% earned in 2024 and the previously projected 3.6%. Return on invested capital at 6.7%, improved from the 6.6% earned in 2024 and largely unchanged from previous projections. Operating profits at $66.0 billion, improved from an estimated $61.9 billion in 2024, but down from the previously...

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Airline profitability outlook improves for 2024

AWARA MUSAFIR BUREAU

June 3, 2024454 Views

The International Air Transport Association (IATA) has announced strengthened profitability projections for airlines in 2024 compared with its June and December 2023 forecasts. An aggregate return above the cost of capital, however, continues to elude the global airline industry. Outlook highlights include: Net profits are expected to reach $30.5 billion in 2024 (3.1% net profit margin). That will be an improvement on 2023 net profits which are estimated to be $27.4 billion (3.0% net profit margin). It is also an improvement on the $25.7 billion (2.7% net profit margin) forecast for 2024 profits that IATA released in December 2023. Return on invested capital in 2024 is expected to be 5.7%, which is about 3.4 percentage points (ppt) below the average cost of capital. Operating...

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Travel recovery rebuilding airline profitability

AWARA MUSAFIR BUREAU

June 20, 2022827 Views

Resilient industry cuts losses to $9.7 billion The International Air Transport Association (IATA) has announced an upgrade to its outlook for the airline industry’s 2022 financial performance as the pace of recovery from the COVID-19 crisis quickens. It was presented at the three day 78th IATA Annual General Meeting & World Air Transport Summit taking place in Doha, Qatar, 19-21 June 2022, hosted by Qatar Airways. Some 1,000 aviation leaders from IATA member airlines, governments, industry stakeholders, strategic partners and members of the media are attending the event. Forecast highlights include: Industry losses are expected to reduce to -$9.7 billion (improved from the October 2021 forecast for an $11.6 billion loss) for a net loss margin of -1.2%. That is a huge impr...