Do you want to access to this and other private contents?
Log in if you are a subscriber or click here to request service
IATA: improved profitability but margins still pathetic
Geneva, Switzerland - Revised its projections for 2010 and 2011
The International Air Transport Association (IATA) revised its industry outlook for 2010 to a net profit of $15.1 billion (up from the $8.9 billion forecast in September). Similarly the Association revised upwards its projections for 2011 to a net industry profit of $9.1 billion (up from the $5.3 billion forecast in September). Net margins remain weak at 2.7% for 2010 and falling to 1.5% in 2011. Giovanni...
fra/pec - 1123790
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency