IATA projects 4.96 billion travellers, net profit of $30.5 billion in 2024

The International Air Transport Association (IATA) announced strengthened profitability projections for airlines in 2024 compared with its June and December 2023 forecasts, with net profits expected to reach US$30.5 billion in 2024 (3.1 percent net profit margin), and total travellers expected to r