{"id":541493,"date":"2022-12-07T11:12:03","date_gmt":"2022-12-07T05:42:03","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=541493"},"modified":"2022-12-07T11:12:03","modified_gmt":"2022-12-07T05:42:03","slug":"each-passenger-carried-expected-to-contribute-on-average-1-1-to-airline-industrys-net-profit-iata-chief","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/each-passenger-carried-expected-to-contribute-on-average-1-1-to-airline-industrys-net-profit-iata-chief\/","title":{"rendered":"Each passenger carried expected to contribute on average $1.1 to airline industry&#8217;s net profit: IATA chief"},"content":{"rendered":"<p>The profitability of airlines is &#8220;razor thin&#8221; and each passenger carried is expected to contribute to the industry&#8217;s net profit on average USD 1.1, which is far less than what is needed to buy a cup of coffee in most parts of the world, according to IATA chief Willie Walsh.<\/p>\n<p>The International Air Transport Association (IATA) represents around 290 airlines, including Indian carriers, comprising about 83 per cent of the global air traffic.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The profitability of airlines is &#8220;razor thin&#8221; and each passenger carried is expected to contribute to the industry&#8217;s net profit on average USD 1.1, which is far less than what is needed to buy a cup of coffee in most parts of the world, according to IATA chief Willie Walsh. The International Air Transport Association (IATA) represents around 290 airlines, including Indian carriers, comprising about 83 per cent of the global air traffic.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[192,130,136],"tags":[],"class_list":["post-541493","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/541493","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=541493"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/541493\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=541493"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=541493"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=541493"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}