The International Air Transport Association (IATA) 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 profit margin. […]
The post IATA: Airlines Cut Losses in 2022; Return to Profit in 2023 appeared first on SamChui.com.
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