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27-May-2019 12:21 PM

IATA: Airlines facing rising costs, but there are some early signs of revenue improvement in 1Q2019

IATA stated (24-May-2019) all airlines are facing a rising cost environment, as the extended global economic expansion causes shortages and increased supplier market power. IATA noted that mitigating those rising costs has been an industry challenge for the past couple of years. A more recent challenge has been a diminished ability of airlines to recover those costs. IATA reported unit revenues remain weak, although there "were some first signs of improvement" in 1Q2019. [more - original PR]

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