08-Dec-2011 9:46 AM
IATA: Eurozone Crisis Biggest Risk to Profits - Regional Differences Widen
Direct News Source
07-Dec-2011 The International Air Transport Association (IATA) announced revisions to its industry outlook. For 2011, profitability remains weak but unchanged at $6.9 billion for a net margin of 1.2%. Looking ahead to 2012, IATA downgraded its central forecast for airline profits from $4.9 billion to $3.5 billion for a net margin of 0.6%.
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