Airlines net profit seen to grow by 10% in 2019

In 2019 global airline industry net profit may reach $35.5 billion, nearly 10 percent more than this year, according to the International Air Transport Association (IATA) forecast. Overall industry revenue is seen at $885 billion next year, 7.7 percent more compared to 2018. Average net profit per departing passenger may grow to $7.75 from $7.45…

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