Last year will turn out to be "marginally profitable" for Assn. of European Airlines members, Secretary General Ulrich Schulte-Strathaus told ATWOnline. He forecast that his 30 member carriers will post a profit of €1 billion ($1.22 billion), clearly better than the €400 million recorded in 2004 and the negative financial results reported from 1999 through 2003. Yet overall it is an "insufficient" level of profitability, he said, noting that the main drivers of the improved ...

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