Airline profit expectations for the year ahead are said to be “positive” compared to a year ago, with stronger growth in traffic volumes anticipated amid a drop in crude oil prices, according to IATA’s quarterly survey of airline CFOs and heads of cargo.
The survey indicates respondents are seeing a drop in input costs in Q3, mainly due to the fall in oil prices over recent months with the trend expected to continue into the year ahead.
IATA reports confidence that air travel will increase, after passenger and cargo volumes have been reported up in Q3, reflecting an improvement in demand after weakness earlier this year.
Respondents were also confident no further weakness in yields would be expected for the year ahead, with downward pressure easing in Q3.
