While demand for air travel rose in May, there are signs the aviation industry faces difficult times ahead, figures from IATA show.
Virgin Australia says it expects to grow underlying profit before tax in excess of 20 per cent for first half of 2018/19.
Association of Asia Pacific Airlines (AAPA) boss Andrew Herdman says rising oil prices are expected to hit airline profitability in the year ahead.
The International Air Transport Association (IATA) has lowered its profit forecasts for the airline industry for 2018 amid rising fuel prices and higher costs. Airlines around the world are expected…
Qantas has sounded a note of caution about rising fuel prices in the year ahead after reporting a 15 per cent increase in full year net profit for 2017/18.