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IATA Predicts 2020 Will Be Much Kinder To Aviation

December 11, 2019 / Simple Flying
SHARESHARESHARE

IATA has today released its forecast for the airline industry in 2020. 2019 has been a particularly tough year for aviation, but 2020 is looking up. Here’s what IATA forecasts for 2020. The headline figure from IATA predicts a net profit of $29.3bn in 2020, up some $3.4bn from the expected profits being generated in 2019. This year’s profits are estimated to finish the year at $25.9bn, well under the forecast level of $28bn published by IATA in June. Nevertheless, 2019 is expected to be the aviation industry’s 10th year in the black.