IATA's 2012 profit forecast lowered 14.3% to $3 billion

IATA projected Tuesday that the world's airlines will earn aggregate net income of $3 billion in 2012, 14.3% below its industry profit forecast for the year issued in December (ATW Daily News, Dec. 8, 2011) and 38.8% lower than the $4.9 billion profit it predicted for 2012 last September. The latest...

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