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IATA more optimistic for 2007

Montreal, Canada - Globally, airlines are expected to post a USD 5.6 billion net profit for this year

"The International Air Transport Association (IATA) yesterday announced a revised financial forecast for the world’s airlines. Globally, airlines are expected to post a USD 5.6 billion net profit for 2007, up from the USD 5.1 billion forecast in June. The average oil price for 2007 was revised upwards to USD 67 per barrel (previously USD 63). However, higher oil prices were more than offset by stronger t...

fra/pec - 1079395
Rome, Italy, 09/18/2007 12:46
AVIONEWS - World Aeronautical Press Agency

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