Will Skies Still be Friendly When 3 Billion Travel?

Will Skies Still be Friendly When 3 Billion Travel? (Bloomberg)

According to the International Air Transport Association (IATA), airlines will post a record $19.7 billion in net income in 2014. This projection is almost 20 percent higher than the $16.4 billion that IATA projected just last September. The increase stems from a wave of consolidation within the industry and the fact that the World Trade Organization (WTO) has made enormous strides during the past year to smooth commerce between nations. The net effect of these events has been staggering, pushing the total number of airline passengers expected next year over three billion. So, for the airlines still standing today, and the investors backing them, the coming year looks like it’ll see airlines stocks soar.

Wayne Ellis

Wayne Ellis has been involved in the financial publishing industry for more than 15 years. During that time, he has helped to edit, to market and to launch products and services for Ernst & Young, LLC, Fidelity Investments, Agora, LLC, and Eagle Financial Publications. He currently puts his broad-based experience and industry expertise to use as a contributing writer for Eagle Financial Publications. He also is a graduate of Arizona State University.

Recent Posts

Sample Weekday Wrap/Closing Comments

This content is for paid subscribers only. To gain access subscribe to one of our…

2 months ago

Soft Landing Premise Still Driving Bullish Narrative

It is hard to find a seasoned investor who doesn’t believe the stock market is…

6 months ago

Are You Prepared for the Next Market Collapse?

No one believes a financial disaster can strike… until it’s too late. That’s bizarre, considering…

1 year ago

Options Industry Council (OIC) – What is It?

The Options Industry Council is a resource used to educate investors about the benefits and…

1 year ago

Put-Call Parity – Defined and Simplified

The put-call parity is the relationship that exists between put and call prices of the…

1 year ago

Three Cheers for the Magnificent Seven

“It’s not a stock market, it’s a market of stocks.” -- “Maxims of Wall Street,”…

1 year ago