The World Airline Industry in 2014

摘要

On teh heels of quite a good year, the airline industry is likely to have an even better one in 2014. That is the opinion of the International Air Transport Association (IATA), the trade association which represents most of the world's major airlines. In its official 2014 forecast, released on September 23, IATA predicted that while the world's airlines would achieve a combined net profit of $11.7 billion in 2013 (revised from $12.7 billion because second quarter traffic growth was slower than expected), in 2014 they would easily beat that figure. According to Geneva-based IATA, improving consumer and business confidence should translate to an overall global increase in gross domestic product of 2.7% in 2014 - "which has a direct impact on airline profitability".