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Jordan hosts Asian Men's Youth Handball Championship
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Global airlines anticipate one trillion profits this year
[03/06/2024 12:08]
WASHINGTON-SABA
Global airlines raised today, Monday, their 2024 profit forecasts, expecting sector-wide revenues of just under a trillion dollars, as the number of passengers rose to a record high.

The International Air Transport Association (IATA) has predicted that the global sector is set to produce profits of $30.5 billion this year, up from the upwardly adjusted $27.4 billion in 2023.

These forecasts come just 4 years after the sector collapsed, incurring losses of $140 billion in 2020 as a result of the coronavirus pandemic, higher than the forecast of $25.7 billion for 2024 issued in December.


China's foreign trade rises by 6.1% in the first half of 2024
Oil rebounds on likely drop of US stockpiles, and optimism regarding rate cuts
China's Passenger Car Exports Increase by 28% in June
South Korea's car exports increase by 3.8 percent
South Korea records largest current account surplus in 32 months
Over 7 Mln Passengers Travelled through Sofia Airport in 2023
Saudi Arabia: Kingdom visitors' spendings exceeds 45 SRL during first quarter of 2024
Gold prices stabilize amid expectations of a reduction in US interest rates
World Bank: Remittances to Low, Middle-Income Countries Declined in 2023
China: FDI reaches 57.94 billion yuan in five months

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