Cut Losses in 2022; Return to Profit in 2023
Geneva, BTNp: – IATA (the International Air Transport Association ) expects a return to profitability for the global airline industry in 2023 as airlines continue to cut losses stemming from the effects of the COVID-19 pandemic to their business in 2022. In 2023, airlines are expected to post a small net profit of $4.7 billion—a 0.6% net…
