Archive for the ‘Global Economy’ Category

IATA Raises Profit Forecast by 70% for 2010

The International Air Transport Association (Iata) has said airlines will make a record $15.1bn (£9.5bn) this year – 70% more than its last forecast made just three months ago. In September it said the total airline profit for 2010 would be $8.9bn. The body says the change in forecast is down to higher-than-expected passenger numbers. [...]

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