IATA: $2.5 billion 2009 loss is 'optimistic'

IATA DG and CEO Giovanni Bisignani said the organization's December forecast of an industrywide $2.5 billion loss in 2009, based on a 3% drop in passenger numbers and a 5% decline in cargo, "is now looking very optimistic." He said IATA will release a revised forecast next week ( ATWOnline , Dec. 10...

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