IATA forecasts about $30 billion in net profit for the aviation industry in 2024

Title: International Air Transport Association Expects Record Revenues and Costs

This year, the International Air Transport Association (IATA) is projecting record revenues of close to $1 trillion. However, along with this positive development, there will also be record costs. The director general of the IATA, Willie Walsh, highlighted this dual outlook for the industry. Though not without challenges, the aviation sector is anticipating substantial financial gains in the near future.