Airline

IATA WARNS SHRINKING PROFITS FOR MIDDLE EAST CARRIERS

By Dino D'Amore Dec 19, 2010 2 mins read

IATA WARNS SHRINKING PROFITS FOR MIDDLE EAST CARRIERS

The International Air Transport Association (IATA) stated last week that Middle East carriers “are expected to see 2010 profits of $700m shrink to $400m in 2011,” as the fragile global aviation industry continues to flounder. Even so, Middle East airlines will continue to grow much faster than w...

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IATA WARNS SHRINKING PROFITS FOR MIDDLE EAST CARRIERS

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