IATA estimated that its member airlines posted a collective operating profit of $10.2 billion for 2006, with net losses totaling $500 million--entirely owing to red ink among North American carriers--on a decelerating passenger traffic growth rate of 5.9%, down from 7.6% in 2005. But the organization said growth was "more profitable" in 2006 than in recent years as "careful capacity management" led to a record average load factor of 76%, up 0.9 point. Worldwide capacity growth for the year ...

Subscribe to Access this Entire Article

"IATA: Traffic growth slowing, bottom lines improve in 2006" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? here.