Airline CEOs were becoming more optimistic before swine flu outbreak

The swine flu outbreak has raised fresh uncertainty about the outlook for the beleaguered global aviation industry. Prior to this latest threat to industry stability, airline CEOs had become somewhat more optimistic regarding the outlook for profitability and traffic over the next 12 months, according to an IATA survey. And as tracked by The Centre, several CEOs had noted a "bottoming" of demand and the first signs of a recovery. But many others remain unconvinced.

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