Assn. of European Airlines Secretary General Ulrich Schulte-Strathaus is forecasting that AEA's 35 members collectively will post a meager net profit of €300 million ($379.5 million) for 2008, down from €3.7 billion in 2007 and the €1.1-€1.8 billion forecast earlier this year, and a heavy loss in 2009. "The outlook for 2008 is minimal," Schulte-Strathaus told ATWOnline. "But we believe we will end the year with a slightly positive figure. However, for next year we are ...

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