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Iata: industry to post USD 3.2bn profit

Santiago, Chile - Traffic rises, cost reduction remains essential

"The successive crises that have traumatized air transport since September 2001 cost the industry three years of growth and profitability. Positive traffic trends over the last six months bring us back to pre-September 11 levels. Iata estimates a modest industry profit of USD 3.2bn on international operations in 2004", said Giovanni Bisignani, Director General and CEO of Iata, speaking at the Iata/Fidae...

fra/pec - 61109

AVIONEWS - World Aeronautical Press Agency
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