IATA Sees Higher Profit, But Tougher 2011

By Adrian Schofield adrian_schofield@aviationweek.com

The global airline industry looks set to record a far healthier 2010 profit than was forecast just three months ago, although there are enough warning signs to indicate that earnings will dip again next year.

The International Air Transport Association expects airlines to record an $8.9 billion profit for 2010, up considerably from the $2.5 billion gain it predicted in June. In its first look ahead at 2011, IATA sees the industry profit shrinking to ...

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