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Commercial airplanes. IATA: global aviation returns to profitability

Berlin, Germany - But Europe still in the red

The International Air Transport Association (IATA) expects airlines to post a global profit of $2.5 billion in 2010. This is a major improvement compared with IATA’s previous forecast released in March of a $2.8 billion loss. Industry revenues are forecast to be $545 billion in 2010. This is up from the $483 billion in 2009, but still below the $564 billion achieved in 2008. Highlights of t...

fra/pec - 1117918

AVIONEWS - World Aeronautical Press Agency
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