{"id":233728,"date":"2019-06-03T06:59:53","date_gmt":"2019-06-03T04:59:53","guid":{"rendered":"http:\/\/www.travelreport.se\/?p=233728"},"modified":"2024-02-02T12:23:57","modified_gmt":"2024-02-02T12:23:57","slug":"airline-industry-profit-forecast-plummets-no-quick-money-to-be-made","status":"publish","type":"post","link":"https:\/\/www.travelreport.se\/en\/flygbranschens-vinstprognos-rasar-inga-snabba-pengar-att-tjana\/","title":{"rendered":"The airline industry's profit forecast is plummeting \u2013 "no quick money to be made"\u201d"},"content":{"rendered":"
\"\"
Photo:www.vinci-airports.com<\/figcaption><\/figure>\n\n\n\n

The airline industry is cutting its 2019 profit forecast due to concerns about widespread trade conflicts and higher oil prices, the International Air Transport Association (IATA), which represents about 290 airlines, said in a statement.<\/p>\n\n\n\n

The industry is now expected to make a total profit of $28 billion, 21 percent lower than the forecast for this year in December.<\/p>\n\n\n\n

\u201d"The companies will still make a profit, but there is no quick money to be made," said IATA Director General Alexandre de Juniac during the organization's annual meeting in Seoul.<\/p>\n\n\n\n

The airlines' increased pessimism follows a global trend. Most recently, stock markets have turned down after the US president's threat to impose import tariffs on Mexican goods as well.<\/p>\n\n\n\n

Source: TT<\/p>","protected":false},"excerpt":{"rendered":"

Flygbranschen drar ner vinstprognosen f\u00f6r 2019, p\u00e5 grund av oro f\u00f6r utbredda handelskonflikter och h\u00f6gre oljepris. Det meddelar branschorganisationen IATA, som representerar omkring 290 flygbolag. Nu v\u00e4ntar man\u00a0sig att branschen sammantaget g\u00f6r en vinst p\u00e5 28 miljarder dollar, 21 procent l\u00e4gre j\u00e4mf\u00f6rt med hur prognosen f\u00f6r detta \u00e5r s\u00e5g ut i december. \u201dBolagen kommer fortfarande […]<\/p>\n","protected":false},"author":25,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-233728","post","type-post","status-publish","format-standard","hentry","category-travel-report"],"acf":[],"yoast_head":"\nFlygbranschens vinstprognos rasar \u2013 \u201dinga snabba pengar att tj\u00e4na\u201d – Travel Report<\/title>\n<meta name=\"description\" content=\"Flygbranschens vinstprognos rasar \u2013 \u201dinga snabba pengar att tj\u00e4na\u201d \u2013 L\u00e4s senaste nyheterna fr\u00e5n resebranschen p\u00e5 Travel Report.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, 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