IATA Airlines Profits Lower For 1999
IATA member airlines reported profits of US$6.5 billion last year, down from $7.2 billion in 1998.IATA's 267 members accounted for 92% of worldwide airline revenue, which ICAO estimates at $306 billion last year. Using ICAO's numbers, airlines worldwide had a 2.4% net margin. It is the second...
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