La hausse des prix pétroliers réduit la rentabilité (Rising Oil Prices Reducing Profitability - Regional Differences Widen)
The International Air Transport Association (IATA) announced a downgrade to its industry outlook for 2012 primarily due to rising oil prices. IATA expects airlines to turn a global profit of $3.0 billion in 2012 for a 0.5% margin. This $500 million downgrade from the December forecast is primarily driven by a rise in the expected average price of oil to $115 per barrel, up from the previously forecast $99. Several factors prevented a more significant downgrade: the avoidance of a significant worsening of the Eurozone crisis, improvement in the US economy, cargo market stabilization and slower than expected capacity expansion.
2012 continues to be a challenging year for airlines. The risk of a worsening Eurozone crisis has been replaced by an equally toxic riskrising oil prices. Already the damage is being felt with a downgrade in industry profits to $3.0 billion,'' said Tony Tyler, IATA's Director General and CEO.