Eurozone Crisis Biggest Risk to Profits
07 Dec 2011 | aviation | Comments: Off | Viewed 13655 times.

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%..... Full Story