IATA yesterday offered a slight boost in its 2008 outlook but restated its dismal forecast for the industry as a whole, predicting declines in traffic, yield and revenue and a $2.5 billion loss in 2009. The organization now expects members to report a combined net loss of $5 billion this year, slightly improved from the September projection of $5.2 billion thanks to the rapid decline in fuel prices (ATWOnline, Sept. 4). But DG and CEO Giovanni Bisignani said at the association's Global Media ...

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