IATA releases 3Q2011 airlines financial health monitor

IATA released (03-Nov-2011) its Oct-2011 Airlines Financial Health Monitor with the following updated financial highlights for 3Q2011:

• Operating profit: USD7684 million, +3.6% year-on-year;
  • North America: USD2826 million, +24.1%;
  • Asia Pacific: USD3549 million, +0.5%;
  • Europe: USD1148 million, -20.9%;
  • Latin America: USD161 million, +2.5%;
• Net profit: USD3947 million, -31.2%;
  • North America: USD986 million, -39.5%;
  • Asia Pacific: USD1977 million, -34.1%;
  • Europe: USD889 million, -11.2%;
  • Latin America: USD95 million, -10.4%. [more - original PR]