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IATA: 2006 loss forecast drops to USD 1.7 billion

Tokyo, Japan - For the first seven months of this year, passenger traffic grew 6.4% and cargo 5.3%

The International Air Transport Association announced a revised forecast for 2006 industry losses. It is estimated that airlines will lose USD 1.7 billion, with a fuel bill of USD 115 billion calculated for an average oil price of USD 68 per barrel (Brent). This is a significant improvement on the previous loss forecast of USD 3.0 billion made in June that was based on an oil price of USD 66 per barrel...

fra/pec - 148017
Rome, Italy, 09/01/2006 17:51
AVIONEWS - World Aeronautical Press Agency

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