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.