Based in London, Alan is Europe & Middle East correspondent at Air Transport World.
A daily newspaper journalist in the UK and Middle East for 15 years, he then joined the UK's most successful corporate publishing company before setting up his own company in 2004. He has worked with ATW since 2014.
IATA said airlines globally can expect to see the record profit levels achieved in 2015 again this year, but with major variations across different regions.
Central European low-cost carrier (LCC) Wizz Air reported net profits of €15.6 million ($17 million) for 3Q 2015, a drop of 20.9% on the same quarter a year previously.