PM to address IATA’s 81st annual general meeting on Monday
According to the Prime Minister’s Office (PMO), PM Modi will also address the gathering on the occasion.
According to the Prime Minister’s Office (PMO), PM Modi will also address the gathering on the occasion.
The global airline industry in 2025 expects a slight increase in profitability amid ongoing cost and supply chain challenges, the International Air Transport Association (IATA) said
"In 2019, overall costs are expected to grow 7.4 per cent, outpacing a 6.5 per cent rise in revenues. As a result, net margins are expected to be squeezed to 3.2 per cent (from 3.7 per cent in 2018). Profit per passenger will similarly decline to $6.12 (from $6.85 in 2018)."
The aviation sector in India charges 5 per cent and 12 per cent GST on economy and business class tickets, respectively
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