IATA: 2008 airline industry losses as high as $8 billion
IATA said the global airline industry lost up to $8 billion in 2008, $3 billion higher than its previous estimates, stating that a "larger than expected" $4 billion fourth-quarter loss owing to the recession and fuel hedging losses weighed down full-year results. In a "financial health monitor"...
Subscription Required
This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.
Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.
Already an AWIN subscriber? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.
Related Content
