Airlines are expected to make nearly $10 billion in profits this year, despite a slowing economy, according to a new forecast from the International Air Transport Association.

<div class="block">Airlines are expected to make nearly $10 billion in profits this year, despite a slowing economy, according to a new forecast from the International Air Transport Association.</div>

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Airlines Expected to Make $10B This Year Globally

Elsewhere, global airline is expected to make nearly $10 billion in profits this year despite a slowing economy. That's according to a new forecast from the International Air Transport Association, also known as I the Association has more than doubled its profit forecast this year for the industry originally forecasting a net profit of just under $5 billion for the year. Well, according to the I, this new forecast is supported by cargo revenues. The reopening of China and lower jet fuel prices. It's a major turnaround for the industry which suffered a net loss of $183 billion between 2020 and 2022. These stocks moving in different directions today, fractional moves for Delta United and American.