IATA: Lower oil prices and stronger worldwide GDP growth the main drivers behind the improved profitability of airlines in 2014

Geneva, 2014-12-11 — /Travel PR News/ — The International Air Transport Association (IATA) announced an outlook for improved industry profitability in its Economic Performance of the Air Transport Industry report. Airlines are expected to post a collective global net profit in 2014 of some $19.9 billion (up from the $18.0 billion projected in June). This looks… Read the full press release