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ICAO: world airlines improve operating profits in 2005 despite fuel cost increases

Montreal, Canada - The positive operating results occurred in a year when average fuel prices increased by some 49 per cent compared to 2004

"Preliminary estimates for 2005 released yesterday by the International Civil Aviation Organization (ICAO) show that scheduled airlines of the Organization’s 189 Contracting States posted a combined operating profit of 1.0 per cent of operating revenues, a slight improvement over the operating profit of 0.9 per cent in 2004. Expressed in United States currency, operating revenues for these airlines i...

fra/pec - 141934
Rome, Italy, 05/31/2006 13:55
AVIONEWS - World Aeronautical Press Agency

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