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There is no recovery in sight yet for the world airline industry as the International Air Transport Association (IATA) revised its financial outlook for 2010 to an expected $5.6 billion global net loss, larger than the previously forecast loss of $3.8 billion.
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DECENNIS HORRIBILIS

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abtest

Global airlines to incur more losses next year

December 17, 2009 - 12:00am

There is no recovery in sight yet for the world airline industry as the International Air Transport Association (IATA) revised its financial outlook for 2010 to an expected $5.6 billion global net loss, larger than...

Business