Airlines Set to Pull in Record $39 Billion in Profit This Year
Yep, that’s “billion” with a ‘b’. The International Air Transport Association (IATA), the trade group for the world’s airlines, estimates that global profit for 2016 will be $39.4 billion this year, a nine percent increase over 2015. “It seems that we are living in extraordinary financial times,” said IATA director-general Alexandre de Juniac. He also noted that