The global airline industry’s profits could be cut in half as it braces for its worst year since the pandemic
via iata.org
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Even as travelers keep flying, airlines’ profits could be cut in half, thanks in part to the stranglehold Iran has imposed on the global oil supply, according to a global trade group for the industry. The airline sector’s net profit for the year is projected to collapse to $23 billion from $45 billion in 2025, […]