![Airlines cut losses in 2022; Return to profit in 2023, says IATA Airlines cut losses in 2022; Return to profit in 2023, says IATA](https://morningtopnews.com/wp-content/uploads/2022/12/0f8da078ce757dc27b33832c5a528f13.jpg)
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In 2023, airlines are expected to post a small net profit of $4.7 billion—a 0.6% net profit margin. It is the first profit since 2019 when industry net profits were $26.4 billion (3.1% net profit margin).
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In 2023, airlines are expected to post a small net profit of $4.7 billion—a 0.6% net profit margin. It is the first profit since 2019 when industry net profits were $26.4 billion (3.1% net profit margin).
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Source link