The International Air Transport Association has raised its 2011 forecast for global airline profits by 73 per cent because of stronger-than-expected demand in Europe and the Middle East.
In Dublin this morning, Ryanair shares have risen 1.4 per cent to €3.07, while Aer Lingus shares rose 3.1% to €0.68 cents.
Carriers will earn $6.9 billion of profits this year on sales of $594 billion, a margin of 1.2 per cent, the group, whose members account for 93 per cent...
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Get a Business Account for you and your team