That will be a slight improvement over 2023 which is expected to show a $23.3 billion net profit (2.6% net profit margin). “Considering the major losses of recent years, the $25.7 billion net profit expected in 2024 is a tribute to aviation’s resilience. Asia Pacific2023 Net Profit (e) (margin) 2024 Net Profit (f) (margin) 2024 Demand (RPK) 2024 Capacity (ASK) Compared to 2023 Compared to 2019 Compared to 2023 Compared to 2019 -$0.1 b (-0. While that is significantly above the $9.8 billion forecast in June, the additional $13.5 billion profit is equal to just 1.4% of revenue. Cargo revenues in 2023 were $134.7 billion, which underperformed the $142.3 billion expected in June.

Source: The North Africa Journal December 06, 2023 12:54 UTC