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IATA: expected profits for the civil aviation sector

Montreal, Canada - The economic recovery seems more quickly than could have been anticipated

Three months after IATA said its members would post a USD 2.8 billion loss this year, the association is now forecasting a collective profit of USD 2.5 billion on revenues of USD 545 billion. “The global economy is recovering from the depths of the financial crisis much more quickly than could have been anticipated. Airlines are benefiting from a strong traffic rebound that is pushing the industry i...

AVIONEWS - World Aeronautical Press Agency - 1118367
Rome, Italy, 06/18/2010 14:31
AVIONEWS - World Aeronautical Press Agency

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