The Assn. of European Airlines (AEA) predicts its member airlines will post a €1 billion ($1.3 billion) to €2 billion EBIT loss for 2012 and is urging European institutions and the EU's 27 member states to take concrete action to improve this outlook. AEA’s 2012 forecast follows IATA’s forecast last week that European airlines will fall to a $4.4 billion loss in 2012 if governments fail to resolve the Eurozone sovereign debt crisis (ATW Daily News, Dec. ...

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