Airline profitability is expected in 2011, but less clearis how consolidation will shake out
Coming off a surprisingly profitable 2010, the world’s airlines enter 2011 with a strong tailwind. The industry is expected to make money again this year, provided the recovery isn’t stalled by sluggish GDP growth, high fuel prices or governments seeking additional tax revenue. All three are legitimate concerns moving forward, as are the impact of various legislative and governmental policy initiatives. Also to be considered are the factors under more direct control of the carriers, such ...
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