Airlines
Airline Profits Set To Peak In 2016 then Slip in 2017, Says IATA
Total profits for IATA member airlines will be lower than anticipated in 2016 at $35.6 billion, with rising oil prices set to dent figures for 2017.

The International Air Transport Association (IATA) expects the airline industry to finish 2016 with a record $35.6 billion profit on total revenues of $736 billion. Although the achievement would mark the seventh consecutive year of profits for the group’s members, the figure didn't match the $39.4 billion predicted at IATA’s annual meeting last June. Forecasts for 2017 call for profits to slip further, to $29.8 billion.