Table 1. Economic performance of the airline industry ($ billion)

Year Expenses Fuel Operating profit % margin Net profit
2006 450 127 15.0 3.2 5.0
2007 490 146 19.9 3.9 14.7
2008 571 203 -1.1 -0.2 -26.1
2009 474 134 1.9 0.4 -4.6
2010 536 151 27.6 4.9 17.3
2011 623 191 19.8 3.1 8.3
2012 687 228 18.4 2.6 9.2
2013 695 230 25.3 3.5 10.7
2014 725 224 41.7 5.4 13.7
2015 661 174 59.8 8.3 35.9
2016 644 132 65.2 9.2 35.3
2017 691 130 62.6 8.3 34.5
Source: IATA Airline Industry Economic Performance, 2017.12 [5].