Sponsor Message:
Civil Aviation Forum
My Starred Topics | Profile | New Topic | Forum Index | Help | Search 
Lower Losses Seen For Airlines In 2006  
User currently offlineLTU932 From Germany, joined Jan 2006, 13864 posts, RR: 50
Posted (8 years 6 months 1 week 5 days 21 hours ago) and read 2001 times:

Short excerpt:

The head of the Geneva-based International Air Transport Association, Giovanni Bisignani, projected a $2.2 billion loss for the global airline industry in 2006, down from $6 billion in 2005, as profitability among European and Asian carriers is expected to offset narrower losses for U.S. airlines.

[...]

Bisignani forecast that U.S. airlines will lose $5.4 billion in 2006, assuming world oil prices average $57 a barrel. In 2005, U.S. carriers lost some $10.8 billion (excluding United's $16.7 billion fourth-quarter restructuring costs) on average oil prices of more than $56 a barrel.


Full Article

Seems like the IATA chief is very confident with his prediction. I wonder though, can this confidence be shared by all parties?

Top Of Page
Forum Index

This topic is archived and can not be replied to any more.

Printer friendly format

Similar topics:More similar topics...
Anything New For GVA In 2006? posted Fri Jan 13 2006 19:04:18 by RootsAir
Tax Exemption Extended For Airlines In India posted Mon Feb 28 2005 18:55:37 by Himmat01
JET-A Fuel Price For Airlines In Europe posted Mon Sep 9 2002 10:51:07 by Delta777jet
Any Significant Changes For Airlines In The Past.. posted Sun Dec 10 2000 08:19:05 by Jiml1126
Porter Airlines Preps For Departure In Toronto:) posted Fri Oct 6 2006 07:09:10 by CF188A
Airbus Is On Track For Record Deliveries In 2006 posted Tue Aug 8 2006 17:41:19 by Leelaw
Top Eight Airlines In Operating Revenue For 2005. posted Mon Jul 17 2006 03:43:20 by BOE773
Looking For Info On Afrinat Airlines In Canada posted Tue Jul 11 2006 05:41:04 by CurtisMan
Good Climate For New Start Up Airlines In The US? posted Wed Jun 28 2006 15:29:53 by Keesje
Wishes For Mexican Aviation In 2006 posted Wed Dec 28 2005 04:04:21 by Jopavon