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Airline Business Confidence Index - July 2010

posted Jul 20, 2010, 6:57 AM by Rowan Hewitt

International Air Transport Association

Airline Business Confidence Index - July 2010


Released 20 July 2010


Key points from our full report on the quarterly
survey of airline business confidence
:

 

 

  • Airlines reported a further improvement in financial performance in the past quarter, back to mid-2007 confidence levels;
  • Confidence in financial performance over the next 12 months also rose, suggesting airlines expect a significant improvement in 2010 profitability;
  • Cargo and passenger markets have recovered strongly and further gains are expected;
  • Yields have just started to rise for the majority of airlines, but expectations for further improvements remain positive;
  • Costs are reported to have been stable on average in the past quarter but some increase is now expected;
  • Intentions to increase employment remain positive.

- IATA Economics -

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