GENEVA: On average, airlines will retain just USD 5.45 for every passenger carried by them and the amount is just enough to buy a basic grand latte at a London Starbucks, IATA chief Willie Walsh said on Wednesday as he emphasised that the profit of airlines should be put in proper perspective.
The International Air Transport Association (IATA) has projected the airline industry to rake in profits of USD 25.7 billion in 2024 and USD 23.3 billion this year.
