IATA raises 2010 profit forecast by 70% to $15.1 billion, 2011 by 72% to $9.1 billion

Aaron Karp December 14, 2010
Asian airlines will lead the way in profits. Cathay Pacific Boeing 777-300ER. Photo: Courtesy, Boeing. IATA said Tuesday that the world's airlines will earn a collective $15.1 billion net profit for the full-year 2010, a 69.7% increase over its September forecast of $8.9 billion ( ATW Daily News...

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