World airlines body reports improving revenues but increasing fuel costs in the sector

The International Air Transport Association (Iata) has reported, in its Airlines Financial Monitor October 2021, that the preliminary results for the third quarter of this year indicated that, in quarter-on-quarter terms, financial pressures on the world’s airlines continued to ease as countries began to bring the Covid-19 pandemic under control. However, the price of jet fuel continued to increase. (Iata is the representative body for the global airline industry.) While the airline ...

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