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IATA: reconsidered airlines losses

Geneva, Switzerland - Good news came from fuel-cost drop

IATA, the International Air Transport Association, reconsidered upward 2005 expected losses (see for details AVIONEWS). The Association now expects losses of USD 6bn compared with USD 7.4bn in the previous forecast. It would come from fuel-cost drop. 2005 would mark the fifth year of losses for airlines also if 2006 may be the first year of profits. Carriers in the United States accounted for about...

AVIONEWS - World Aeronautical Press Agency - 133026
Rome, Italy, 12/15/2005 12:09
AVIONEWS - World Aeronautical Press Agency

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