Seeking Alpha

The global airline industry will likely post a second consecutive year of net profit declines,...

The global airline industry will likely post a second consecutive year of net profit declines, says the IATA, as the impact of the eurozone debt crisis offsets the boost from lower oil prices, stronger-than-expected growth in passenger traffic and an improved freight market. The expected industry net profit of $3B is less than half the $7.9B of 2011, and a far cry from 2010's $15.8B.
From other sites
Comments (1)
  • Uber Vandal
    , contributor
    Comments (296) | Send Message
     
    Losses may have been mitigated by charging for things that once were free of charge.

     

    Such as baggage fees that are above and beyond the quoted ticket price, each way.
    11 Jun 2012, 04:43 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector