Porter on some of the reasons why airline profitability has been persistently poor. The net profit figure in chart 4 is after airlines have paid.
Airlines will fly more than 4.5 billion passengers this year to generate that $28 billion. That's an average of just over $6 of profit a passenger. According to
03?/05?/2019 Our December forecast that industry profitability would stabilize this year close to 2018 levels
be breakeven on profitability in 2021 – even airlines need international passenger revenues to ... remain very high as shown in the chart below.
Chart 2: Revenues and Operating Profit Margin. United Airlines. China Eastern Airlines. American Airlines. US Airways. Delta Air Lines. Air India.
04?/10?/2021 North America is expected to turn to profitability in 2022. Consumers. Following the worst year on record for the aviation industry. (66% ...
01?/06?/2022 This was also a period characterized by strong demand for air travel and relatively profitable airlines. Chart 2: Global GDP.
09?/11?/2018 This week's chart plots airline industry profitability – measured by the operating margin – and inflation-adjusted oil prices.
12?/06?/2020 The global airline industry is forecast to lose a record $84 billion ... and this will put pressure on airline finances and profitability.