From 2013 to 2018, the net profits of commercial airlines in Europe continuously increased, reaching its peak at 9.1 billion U.S. dollars in 2018. However, in 2020, due to the coronavirus outbreak, European commercial airlines reported record net profit losses of 34.5 billion U.S. dollars. As of 2021, European airline companies experienced the first signs of improvement in their operations, and net losses started decreasing again. In 2024, the net profit is expected to reach 7.9 billion U.S. dollars.
Net profit of commercial airlines in Europe from 2013 to 2023, with a forecast for 2024
(in billion U.S. dollars)
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Net profit in billion U.S. dollars
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IATA. (December 1, 2023). Net profit of commercial airlines in Europe from 2013 to 2023, with a forecast for 2024 (in billion U.S. dollars) [Graph]. In Statista. Retrieved June 18, 2024, from https://www.statista.com/statistics/658695/commercial-airlines-net-profit-europe/
IATA. "Net profit of commercial airlines in Europe from 2013 to 2023, with a forecast for 2024 (in billion U.S. dollars)." Chart. December 1, 2023. Statista. Accessed June 18, 2024. https://www.statista.com/statistics/658695/commercial-airlines-net-profit-europe/
IATA. (2023). Net profit of commercial airlines in Europe from 2013 to 2023, with a forecast for 2024 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: June 18, 2024. https://www.statista.com/statistics/658695/commercial-airlines-net-profit-europe/
IATA. "Net Profit of Commercial Airlines in Europe from 2013 to 2023, with a Forecast for 2024 (in Billion U.S. Dollars)." Statista, Statista Inc., 1 Dec 2023, https://www.statista.com/statistics/658695/commercial-airlines-net-profit-europe/
IATA, Net profit of commercial airlines in Europe from 2013 to 2023, with a forecast for 2024 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/658695/commercial-airlines-net-profit-europe/ (last visited June 18, 2024)
Net profit of commercial airlines in Europe from 2013 to 2023, with a forecast for 2024 (in billion U.S. dollars) [Graph], IATA, December 1, 2023. [Online]. Available: https://www.statista.com/statistics/658695/commercial-airlines-net-profit-europe/