The World Loves To Fly But Some Airlines Struggle - KALB-TV News Channel 5 & CBS 2

The World Loves To Fly But Some Airlines Struggle

Posted: Updated:

(NBC) The world loves to fly. The traveling public is expected to spend some 746-billion dollars globally on air travel this year.
But amazingly, out of that huge amount of money. the  average profit an airline makes on each passenger is just 5-dollars-and-42-cents. That's according to the International Air Transport Association.

While five-dollars-and-42-cents is a low number....it's a big improvement over just two year ago. The I-A-T-A says then the average annual post-tax profit per passenger was just 2-dollars-and-5-cents.
  • Most Popular StoriesMost Popular StoriesMore>>

  • APD: Battery Arrest

    APD: Battery Arrest

    Wednesday, July 30 2014 11:47 AM EDT2014-07-30 15:47:43 GMT
    ALEXANDRIA, La. (KALB News Channel 5)-- On July 29 2014, an APD Officer on patrol was flagged down by passing motorist and advised of a stalled vehicle in the middle of the 5700 Block of Masonic Drive.More >>
    ALEXANDRIA, La. (KALB News Channel 5)-- On July 29 2014, an APD Officer on patrol was flagged down by passing motorist and advised of a stalled vehicle in the middle of the 5700 Block of Masonic Drive.More >>
  • Invest 93

    A Developing Tropical Disturbance

    A Developing Tropical Disturbance

    Wednesday, July 30 2014 10:37 AM EDT2014-07-30 14:37:40 GMT
    Wednesday, July 289:30amIn the Atlantic, Gulf of Mexico and Caribbean, there is One area that we are watching for possible development during the next 48 hours.Invest 93-L (Tropical Wave)A broad area of Low Pressure is located about 1100 miles East Southeast of the Windward Islands and is producing a large area of shower thunderstorm activity. This disturbance is associated with a Tropical Wave (embedded in the Monsoon trough) and has continued to slowly develop during the past couple of day...More >>
    Wednesday, July 289:30amIn the Atlantic, Gulf of Mexico and Caribbean, there is One area that we are watching for possible development during the next 48 hours.Invest 93-L (Tropical Wave)A broad area of Low Pressure is located about 1100 miles East Southeast of the Windward Islands and is producing a large area of shower thunderstorm activity. This disturbance is associated with a Tropical Wave (embedded in the Monsoon trough) and has continued to slowly develop during the past couple of day...More >>
  • Man arrested for attempted robbery of Pineville Bank

    Man arrested for attempted robbery of Pineville Bank

    Tuesday, July 29 2014 7:10 PM EDT2014-07-29 23:10:31 GMT
    PINEVILLE, La. (KALB News Channel 5) Pineville Police have arrested a man who attempted to rob Pelican State Credit Union in Pineville. More >>
    PINEVILLE, La. (KALB News Channel 5) Pineville Police have arrested a man who attempted to rob Pelican State Credit Union in Pineville. 
    More >>
Powered by WorldNow
Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and KALB. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.