Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/97095
Authors: 
Tretheway, Michael W.
Markhvida, Kate
Year of Publication: 
2013
Series/Report no.: 
International Transport Forum Discussion Paper 2013-15
Abstract: 
The global airline industry is slowly returning to profitability, but there is a long and difficult road ahead. According to IATA, the industry raised a profit of $8 billion in 20112 and it is forecasted to make a profit of $11 billion in 2013.3 However, these improved profit margins continue to be razor thin - in the best of times the airline industry earns only a modest 1-2% net profit margin on revenue. Volatile fuel prices, economic downturns, impacts of terrorism and natural disasters (hurricanes, volcanic ash, tsunamis), pandemics and government austerity measures are among the key factors that will continue to affect airline profitability...
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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