Tag: weak economy
IATA: Weak economy, weak profits
The International Air Transport Association (IATA) announced an upgrading of its industry profit expectations to $6.9 billion (up from $4.0 billion projected in June). IATA emphasized that, despite the improvements, ... Read More
IATA issues new financial forecast for airline industry
SINGAPORE - The International Air Transport Association (IATA) announced an upgrading of its industry profit expectations to $6.9 billion (up from $4.0 billion projected in June). Read More
Fraport traffic figures show strike affected passenger figures and aircraft movements
Frankfurt Airport (FRA) served 5,067,108 passengers in July 2008, down 2.4 percent compared to the strong July in 2007. Read More
Continental Airlines announces second quarter loss
HOUSTON, Texas - Continental Airlines today reported a second quarter 2008 net loss of $3 million ($0.03 diluted loss per share). Read More