Aviation

PwC aviation analysis: Industry set for €49bn profit, Boeing 737 Maxs won’t get certified

Passenger traffic will reach or surpass 2019 levels in all regions this year, but recovering four years of lost growth will take longer

Among the predictions in the report are that certification of the Boeing 737 Max 7 and 10 certification will not happen in 2024. Picture: Getty

The aviation industry is expected to report $49 billion in operating profit this year, according to a new report.

Airline profitability turned a corner last year following the Covid-19 pandemic, and moved solidly back into the black, consulting firm PwC said it its 2024 ‘Aviation Industry Review & Outlook’.

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Vincent Boland: Alaska Airlines blowout will not topple Boeing, but it seriously needs to get its house in order

The International Air Transport Association ...