IATA forecasts airlines to see record passengers & revenues in 2018. According to International Air Transport Association (IATA) leaders, airlines expect to record their fourth consecutive year of “sustainable profits” in 2018 on continued rising passenger growth and cargo. These are good times for the global air transport industry. More people than ever are traveling. More routes are being opened. The demand for air cargo is at its strongest level in a decade. Safety performance is solid. Employment is growing.
However, that airlines face rising fuel and labor costs, as well as increasing infrastructure expenses.
Collected and summarized from the source below by Giang Tan