IATA CEO: Soft 2017 Landing From Record 2016 Profits

The video discusses the aviation industry's financial outlook, highlighting record profits in 2016 and a forecasted soft landing in 2017. It examines the impact of rising fuel costs and the transatlantic profitability divide, with American airlines outperforming European counterparts. The video also explores the restructuring efforts of European airlines to close the profit gap, emphasizing the challenges they face in a more costly environment.

What was the expected profit for the aviation industry in 2017?

• $25 billion

• $30 billion

• $35 billion

• $40 billion

How did the price of oil in 2016 affect the aviation industry?

• It had no impact

• It increased costs significantly

• It helped the industry

• It caused a decline in profits

Which airline is mentioned as a 'poster child' for American profitability?

• American Airlines

• Alaska Air

• United Airlines

• Delta Airlines

What is one reason for the profitability gap between American and European airlines?

• European airlines have more passengers

• American airlines have older fleets

• American airlines have fewer flights

• European airlines have higher taxes and charges

When did American airlines begin their restructuring efforts?

• Early 2000s

• Mid 2000s

• Late 2000s

• 2010s