The International Air Transport Association (IATA) anticipates the industry will generate $30.5 billion in profit this year, surpassing the revised $27.4 billion in 2023. Willie Walsh, Director -General of IATA, said: “For 2024, we expect record revenues of almost $1 trillion. However, expenses will also be at a record high of $936 billion. Net profit will be $30.5 billion.” Video: Nishitha Rachel/Gulf News. For more information, visit gulfnews.com #uae #airlines #iata | Gulf News

Willie Walsh, director general of the International Air Transport Association, responds to Singapore Airlines turbulence incident, saying the airline industry is safe 'because we work hard to keep it safe.' | CNBC International