Economics
Here’s How Miserable 2019 Was for the Airline Industry
- IATA lowers 2019 industry profit forecast by $2.1 billion
- Brexit, Max cloud outlook amid trade wars, flight-shame threat
An aircraft is silhouetted as it flies over the Hong Kong International Airport.
Photographer: Paul Yeung/BloombergThis article is for subscribers only.
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Airline industry profits will come in lower than forecast this year as passenger numbers and cargo volumes are held back by slowing economic growth and global trade wars, the International Air Transport Association said.