Airline Profits Lower in 2008
The IATA (International Air Transport Association) announced what airlines will make lower profits in 2008 than they did in 2007.
The body which is a representative of 260 airlines kept the 5.6 billion usd 2007 forecast, this it considers will be at the top of the profits and traffic since the year 2000.
The forecast for 2008 was 5 billion usd compared to the previously thought 7.8 billion.