Initial financial data shows that global airlines' profitability remained robust in the third quarter, albeit easing slightly from a year ago. Asia-Pacific was the only of four geographical regions whose airlines displayed upward increase in the Ebit margin, to 14.7% from 11.9% previously to match that of North American airlines. North American airlines' Ebit margin dropped to 14.8% from 17.5%, according to the latest IATA financial monitor report. Global airline share prices rose by 1.7% in October, driven by gains for European and Asia-Pacific airlines. Passenger and freight volumes both grew robustly in year-on-year terms in September, although the seasonally-adjusted upward trends in both series eased between second and third quarters.

Source: Bangkok Post November 13, 2017 00:00 UTC