European airlines earn 52% less in 1999 than a year ago, research firm says
European airline earnings are forecast to shrink by 52.0% in 1999 compared with 1998, according to I/B/E/S research. "Most industry experts expect things to get worse before they get better," said strategist Joseph Kalinowski. Year 2000 airline estimates decreased 7.8%, he said, due to declines in...
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