02-Feb-2011 9:55 AM
airberlin, easyJet, Tiger Airways Australia and Virgin Blue lower profit expectations
Analysis
While the global aviation industry is expected to post a much-improved profit of USD15.1 billion in 2010 followed by USD9.1 billion in 2011 - and numerous airlines have reported either record bottom lines or considerable improvement in 4Q2010 and FY2010 - four LCCs have lowered their profit expectations.
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