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IATA: remarks of Bisignani, director General and CEO of the Association

Geneva, Switzerland - At the global Media day

"Welcome to Geneva. It’s a busy day. So let’s not waste any time. Forecast Brian briefed you on our new forecast. The bottom line is improving. We expect losses of USD 500 million this year. Much better than our September US$1.7 billion loss projection. And, without the US$6 billion restructuring costs in the US. 2006 would have been profitable. 2007 will see our first profit since 2000—US$2.5 billi...

fra/pec - 71192

AVIONEWS - World Aeronautical Press Agency
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