21-Mar-2013 11:33 AM
IATA forecasts industry net profit to rise to USD10.6bn in 2013
IATA released (20-Mar-2013) its airline industry forecast for 2013. IATA upgraded projection for the airline industry net post-tax profits in 2013 to USD10.6 billion, up from USD8.4 billion in December. Details of 2013 forecast include:
- 2013 forecast:
- Revenue: USD671 billion, +5.2% year-on-year;
- Passenger: USD539 billion, +5.9%;
- Cargo: USD68 billion, +3.0%;
- Scheduled passenger numbers: 3128 million, +5.2%;
- Cargo volume: 47.7 million tonnes, +2.6%;
- Cost: USD649 billion, +4.2%;
- Fuel: USD216 billion, +3.3%;
- Operating profit: USD22.3 billion, +49.7%;
- Net profit: USD10.6 billion, +39.5%;
- North America: USD3.6 billion, +56.5%;
- Europe: USD0.8 billion, +166.7%;
- Asia Pacific: USD4.2 billion, 7.7%;
- Middle East: USD1.4 billion, +55.6%;
- Latin America: USD0.6 billion, +100%;
- Africa: USD0.1 billion, compared to a loss of USD0.1 billion in p-c-p. [more - original PR]
- Revenue: USD671 billion, +5.2% year-on-year;