The International Air Transport Association (IATA) has upgraded its forecast for 2010 profits; it expects its members to reach $15.1 billion in profits this year, significantly more than the $8.9 billion it anticipated in its last forecast earlier this year. However, IATA cautioned that 2011 will be more difficult with profits contracting to $9.1 billion. According to Chief Economist Brian Pearce, the rebound of the global economy, combined with a much better operational performance, ...

THIS CONTENT REQUIRES SUBSCRIPTION ACCESS

You must be a paid subscriber to access "IATA Forecasts Big Boost In Airline Profits For 2010".

 

Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.

 

Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.

Already registered? here.