IATA: World's airlines will turn profit next year for first time since 2000
The streak of six consecutive years in the red will end for the world's airlines in 2007, according to IATA DG and CEO Giovanni Bisignani, who tempered the good news by calling the $2.5 billion profit he expects next year "peanuts" when compared to $450 billion in revenues. Losses for this year are...
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