IATA: Airlines' 2Q earnings fall 40% to $2.3 billion
Posted 07/10/2011
The world's airlines posted a cumulative second-quarter net profit of $2.32 billion, down 40% from $3.71 billion in the year-ago period, IATA reported. For the first time in eight quarters, airline profits declined, with the exception of Europe, IATA said in its latest Airlines Financial Monitor released Wednesday.
Originally published 7 Oct 2011 at: http://feeds.atwonline.com/~r/AtwDailyNews/~3/tApxDz1kLE0/iata-airlines-2q-earnings-fall-40-23-billion-1006
Comments not enabled
