IATA: Profits to rise 26% for airliners in 2015

• IATA forecasts airline profits will rise 10.6% Y/Y to $19.9B this year.
• The outlook from the research firm for 2015 is for 25.6% jump in profit to $25B.
• Consumers can expect to see a 5.1% decline in airfares next year, while cargo shippers should pay 5.8% less.
• On a per-passenger basis, IATA thinks the the airline industry will show a net profit of $7.08 in 2015 vs. $6.02 in 2014 and $3.38 in 2013.
• The profit gains are tied to lower oil prices and improved GDP numbers across key sections of the globe.
• Airline stocks: AAL, UAL, DAL, RYAAY, OTCPK:CPCAY, OTCPK:SINGY, CEA, ZNH, CPA, GOL, LFL, OTCQX:DLAKF, AIDIF, OTCPK:QUBSF, JBLU,ALK, HA, OTCPK:AIRYY, OTC:MLYAF, OTCPK:AFLYY, VLRS, LUV, RJET, SAVE, ALGT, VA.