Major Airlines Change Strategy, Charge Fees and Boost Profits, Business and Industry Trends Analysis

The commercial airline industry has always been particularly vulnerable to economic and political changes.  2018’s robust economy in much of the world is fueling the airline business. Moderate oil prices combined with high levels of passenger traffic led to unprecedented profits for airlines during 2015-17.  According to the International Air Transport Association (IATA), global aggregate profit among airlines was $35.6 billion in 2016 and an estimated $34.5 billion in 2017.  Profits will be very high for 2018 as well, despite increases in fuel costs.  High seat occupancy rates and fuel-efficient aircraft are helping airlines in a big way. The greatest…

A Representative List of Organizations that Have Used our Research and Products: