IATA yesterday forecast that the international airline industry will post a profit of $2.5 billion in 2010, a significant upgrade compared with its March prediction of a $2.8 billion loss. Addressing IATA's 66th AGM in Berlin yesterday, DG and CEO Giovanni Bisignani projected that industry revenue will rise 12.8% this year to $545 billion from $483 billion in 2009. The organization previously had forecast revenue of $522 billion in 2010 (ATWOnline, March 12). The higher earnings ...

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