IATA Profit expectations stay strong

first_imgSource = ETB News: Lana Bogunovich However, input costs are expected to continue to decline over the next year, due to cost cutting measures. The 2014 Airline Business Confidence Index survey conducted by the International Air Transport Association (IATA), has shown airline profit expectations remain strong and in line with levels seen over the past year. Airline employment is reported to be stable and consistent in comparison to 12 months ago and an expected increase in employment is consistent with the positive profits reported.center_img 76 per cent of airline managers expect passenger travel to grow at a faster rate than shown in the January survey results, with better yields, while cargo yields are expected to decline, despite the expectation of stronger volume growth ahead. In the quarterly survey, airline chief financial operators and heads of cargo conveyed confidence that air transport volumes will continue growing over the next 12 months, which is consistent with recent world trade growth and developments.last_img