The global airline business is set for a positive end to the year after continuing growth in demand.
The forecast from Iata came as the airline trade body reported passenger carryings up by 7.3% in September over the same month last year, and an improvement over the 7.1% recorded in August.
Iata director general and chief executive, Tony Tyler, said: “The demand for air travel in September was robust - even with the economic slowdown in some key emerging markets such as China.
“The industry seems set for a positive end to 2015.”
He added: “Aviation’s connectivity is vital to the health and well-being of the global economy. And financial strength is critical to the industry delivering its best.
“While the overall outlook is for a collective profit that covers the industry’s cost of capital, parts of the industry are really struggling.
“The poor economic performance in Brazil is having a dramatic negative impact on the industry’s performance in Latin America’s largest market.
“There are a number of swift policy options that the government could take to stimulate the sector by reducing the burden of onerous taxes, punitive regulation and a crippling fuel pricing regime.
“A comprehensive policy response would unleash the power of aviation connectivity and pay big dividends across the economy. There is no time for complacency,” said Tyler
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