Hong Kong, Feb. 4 -- International Air Transport Association (IATA) director-general, Willie Walsh, says airlines are still operating on "wafer thin" margins even amid robust passenger traffic growth and strong demand for air travel. Read More The airline lobby group estimates airlines around the world are expected to generate profits of about US$41 billion this year, up from about US$40 billion in 2025. The forecast 2026 profit represented a net margin of 3.9% and an operating margin of 6.9%. "For context, the best year the airline industry ever saw in terms of profitability was in 2015 when we delivered an operating margin of 8.3% and a net margin of 5.0%," Walsh told delegates at the Changi Aviation Summit in Singapore on Monday in prepa...