Outlook positive but slowing: IATA

IATA released (24-Jan-2011) its Airlines Business Confidence index Jan-2011, which showed that improved profitability continued during the last quarter of 2010 due to strong traffic and yield improvements, and the outlook for the next 12 months remains positive. Loosening demand-supply conditions and upward fuel cost pressures mean that momentum for further boosts to profitability is slowing. The outlook for yield performance is a trend towards stability rather than further improvement. [more]