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SWITZERLAND

IATA sees record profits for airlines in 2014

GENEVA, SWITZERLAND: Airlines are expected to post record profits next year, the International Air Transport Association said citing sliding oil prices and mergers for the sector's improving outlook.

13 Dec 2013

SWITZERLAND

Profitability forecast from IATA

GENEVA, SWITZERLAND: The world's airlines are set to post improving financial results this year, but there are potential storm clouds gathering as the Cyprus crisis raises the risk of new eurozone woes, industry group the International Air Transport Association (IATA) said on Wednesday (20 March).

21 Mar 2013