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IATA: US$ 5.6 billion loss expected In 2010
Geneva, Switzerland - Low yields and rising costs keep Industry in the red
The International Air Transport Association (IATA) revised its financial outlook for 2010 to an expected US$5.6 billion global net loss, larger than the previously forecast loss of US$3.8 billion. For 2009, IATA maintained its forecast of a US$11 billion net loss. The forecast highlights include: Revenues: Industry revenues are expected to rise by US$22 billion (4.9%) to US$478 billion in 2010,...
fra/pec - 1112541
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency