World's airlines to make $8.9bn profit, Iata says
The world's airlines are expected to post a profit of $8.9bn (£5.7bn) this year, an industry body has said, in a sharp upgrade of its previous forecast.
The International Air Transport Association (Iata) said the industry recovery had been "stronger and faster than anyone predicted".
In June, it had predicted a much smaller profit of $2.5bn. In March, it had expected a loss of $2.8bn.
Mariko Oi spoke to the director general and CEO of the Association, Giovanni Bisignani and asked him what is driving the recovery.
21 Sep 2010
- From the section Business