Aerospace |
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In 1995, the comparative figure was $5.1 billion. The forecast is based on all-available information and is the middle range for estimates ranging from $7.2 billion to $2.1 billion. One IATA official said that traffic and capacity could increase in 1997 by about seven percent and 7.5 percent. In 1996, traffic and capacity rose by 8.4 percent and 7.9 percent. At the same time, average yields fell by 2.5 percent with unit costs decreasing at a slower rate of one percent. |
According to the
International Air Transport Association (IATA), airlines can look forward
to a collective, before-tax profit of $4.4 billion for 1997 on-scheduled
international services compared to last year's $4.0 billion.