IATA: Europe and Asia Pacific regions each expected to generate profits above USD8bn in 2018

    IATA reported (24-Jun-2018) the Europe and Asia Pacific regions are expected to both deliver robust net profits of above USD8 billion in 2018, with each region contributing around 25% of the forecast industry total for 2018. IATA reported that profits for airlines in the Asia Pacific are expected to wane in 2018, as the region’s carriers benefited disproportionately from the 2017 boost to air freight from the global inventory restocking cycle. [more – original PR]