02-Dec-2009 5:30 PM
IATA sees financial performance improving, but is premium recovering? Lower utilisation hides sins
Analysis
IATA's latest financial health monitor shows that airlines improved their financial performance in 3Q2009, although the recovery varies by region and European carriers are still lagging behind. A sample of 75 airlines conducted by IATA showed a net profit of USD750 million during the third quarter, compared to a net loss of USD3.4 billion in the same period in 2008.
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