International airlines eye $803bn revenue, 4.5 billion passengers
The International Air Transport Association announced an expected strengthening of airline industry profitability in an upgrade of its outlook for 2023. According to the Director-General, IATA, Willie Walsh, airline industry net profits are expected to reach $9.8bn in 2023. This represents over 100 per cent increase over the previous forecast of $4.7bn (December 2022). Walsh