CFOs, cargo heads of world’s airlines see improved outlooks: trade group


Reuters

NEW YORK — Chief financial officers and heads of cargo at the world’s airlines reported growing confidence in their profitability and an improved outlook for the next 12 months, according to a survey by the International Air Transport Association released on Monday.

“With the U.S. economy showing improvement and emerging markets continuing to grow strongly, expectations for passenger traffic volumes have become more optimistic,” the trade group, which represents about 240 airlines in 118 countries, said in its quarterly business confidence index.