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IATA forecasts $5.6 billion loss in 2010
15 December 2009
The International Air Transport Association (Iata) revised its 2010 financial outlook predicting a $5.6 billion net loss, but says the worst is behind us.
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[International Air Transport Association]
[Iata]
[2010 forecast]
[fuel]
The International Air Transport Association (Iata) has revised its financial outlook predicting higher losses than previously thought for 2010. The organization changed its forecast for net global airline losses from $3.8 billion to $5.6 billion. However, it is an improvement from Iata’s 2009 forecast of a...
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