Will Profits in the Airline Space Scale New Highs in 2016?
Airline stocks will likely continue their bull run into 2016 as has been reinforced by the encouraging outlook provided by the International Air Transport Association (IATA) recently. The trade association now expects profits in the aviation industry to touch $36.3 billion in 2016 with a net profit margin of 5.1%. IATA also projects profits of around $33 billion in 2015 with a net profit margin of 4.6%, marking an improvement from the previous guidance of $29.3 billion which was released in Jun 2015 […]