10-Nov-2016 9:56 AM
IATA: net profit down 3% in 3Q2016
IATA released (10-Nov-2016) its Oct-2016 Airline Financial Health Monitor, with the following financial updates for the global airline industry for 3Q2016:
- Net profit: USD8947 million, -2.5%;
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- North America: USD3847 million, -37.8%;
- Asia Pacific: USD1516 million, +274.3%;
- Europe: USD3543 million, +36.4%;
- Others: USD41 million, compared to a loss of USD7 million in p-c-p. [more - original PR]