European carriers urge EU action to stem 2012 losses

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...

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