Airline

IBA forecasts 60% increase in airline profitability in 2024

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IBA forecasts 60% increase in airline profitability in 2024

Aviation market intelligence and advisory company IBA has predicted that airline industry net profit per passenger will increase by almost 60% between 2023 and 2024. IBA Insight data attributes this to a continued increase in capacity, with available seat kilometres up 18% year-on-year from Q1 2023....

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