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Air transport: 2010 loss forecast cuts in half
Geneva, Switzerland - The improvement is driven by a stronger recovery in demand
The International Air Transport Association (IATA) halved its loss forecast for 2010 to US$2.8 billion (compared to the US$5.6 billion loss forecast in December 2009). The improvement is largely driven by a much stronger recovery in demand seen by year-end gains that continued into the first months of 2010. Relatively flat capacity translated into some yield improvement and stronger revenues. IATA...
fra/pec - 1115417
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency