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Last Update: ،
2025/03/13
Time
05:55:15
Latest News:
Leadership Council's Member Aidarous al-Zubaidi inaugurates several projects in Mahara
Yemen Deputy Foreign Minister Meets UN Envoy's Representative to Discuss Peace Efforts
Ambassador Eryani and German Official confer over developments in Yemen
Ambassador Al-Wuhayshi meets Russian presidential envoy for Middle East and North Africa
Resumption of WFP's distribution process for beneficiaries in Marib discussed
Latest News:
Leadership Council's Member Aidarous al-Zubaidi inaugurates several projects in Mahara
Yemen Deputy Foreign Minister Meets UN Envoy's Representative to Discuss Peace Efforts
Ambassador Eryani and German Official confer over developments in Yemen
Ambassador Al-Wuhayshi meets Russian presidential envoy for Middle East and North Africa
Resumption of WFP's distribution process for beneficiaries in Marib discussed
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.
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.
Key words:
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