Despite Challenges, Africa Sustains Second-Year Profitability, Says IATA

Despite headwinds, the International Air Transport Association (IATA) has expressed joy with Africa’s sustained demand for air travel, which should allow the market to deliver a second year of profitability. Airline profitability for 2023, it said, was better than expected in IATA’s December outlook, adding that revenues for 2023 are now expected to have reached $908 billion ($12 billion higher than the previous forecast).

Read more at Newtelegraphng

Leave a Reply

Your email address will not be published. Required fields are marked *