Original article by Jamie Freed
The Australian Financial Review – Page: 18 : 10-Jun-15

The International Air Transport Association forecasts that the global airline industry’s combined profit for 2015 will total $US29.3bn ($A38.4bn). This compares with a previous forecast of a $US25bn profit for the sector. Airlines in North America are expected to book a $US15.7bn profit, while Asia-Pacific airlines’ combined profit is expected to be $US5.1bn. Airlines have benefited from factors such as lower oil prices and bond yields.

CORPORATES
INTERNATIONAL AIR TRANSPORT ASSOCIATION, QANTAS AIRWAYS LIMITED – ASX QAN, VIRGIN AUSTRALIA HOLDINGS LIMITED – ASX VAH