Saturday, August 23, 2014

Airlines in North America Set for a Great Year

According to the most recent industry data, airlines in North America are set to have a highly profitable year in 2014. In fact, the trend appears to be strengthening. This is good news for full-service airlines such as American Airlines (NASDAQ: AAL  ) and Delta Air Lines (NYSE: DAL  ) , and also for budget carriers such as Southwest Airlines (NYSE: LUV  ) and JetBlue (NASDAQ: JBLU  ) . It's also good news for passengers, as airlines tend to upgrade their fleets when the going is good. So, what is the evidence that North American airlines are doing better, and what does it mean for The Boeing Company  (NYSE: BA  ) ?




A Delta Boeing 757 taxies prior to takeoff.


North American airlines set for a great year
The International Air Transport Association, or IATA, is the single most important trade association in the airline industry. Its biannual "Airline Industry Economic Performance" report outlines various forecasts for the airline industry. I've selected some data from previous IATA forecasts to demonstrate how the outlook is strengthening for North American airlines.


READ THE FULL ARTICLE LINKED HERE

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