KUALA LUMPUR, Dec 6 — The airline industry’s net profit is expected to reach US$25.7 billion (US$1=RM4.67) in 2024, accounting for 2.7 per cent in net profit margin, said the International Air Transport Association (IATA).

KUALA LUMPUR, Nov 25 — The International Air Transport Association (IATA) has revised its outlook for the airline industry, saying that deep losses will continue into 2021, even though performance is expected to improve over the period of the forecast.

KUALA LUMPUR, Oct 28 — The airline industry will not be able to slash costs sufficiently to neutralise severe cash burn and avoid bankruptcies and preserve jobs in 2021, according to the International Air Transport Association (IATA).