IATA says a fresh drop in passenger numbers in May raises doubts that the travel slump is...

|By:, SA News Editor

IATA says a fresh drop in passenger numbers in May raises doubts that the travel slump is bottoming. Many of the group's member airlines are more pessimistic than ever about future profitability. Airlines are under pressure today. CAL -3.8%. AMR -2.5%. LUV -2.4%. DAL -1.8%. UAUA -0.9%.