Airline profits predicted to take a nosedive

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Sydney Airport can now calculate how much passengers spend on airport services each month and the most profitable segments after 'systematising' a model developed by management consultancy LEK earlier this year.

 

[JohnK]

We are all experiencing tough times at the moment.

As a traveller I sympathise with the airlines and reduced profits will most likely mean higher airfares in the near future but travel will take a much lower priority as superannuation income is likely to be severely depleted when one retires.