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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%;

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