AEA's Schulte-Strathaus forecasts rising profits, competition

Last year will turn out to be "marginally profitable" for Assn. of European Airlines members, Secretary General Ulrich Schulte-Strathaus told ATWOnline. He forecast that his 30 member carriers will post a profit of €1 billion ($1.22 billion), clearly better than the €400 million recorded in 2004 and...

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