Forecasts of how much money airlines, both U.S. and worldwide, will make -- or lose -- this year have popped up in the last two days. The global outlook from the International Air Transport Association can be found at this link. One analyst's prediction that U.S. carriers could lose as much as $1 billion this year can be found here.
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Airline industry profit declines, possible losses this year
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Tom Belden, a former Inquirer business writer, has written about Philadelphia International Airport, airlines, the travel industry, the conventions and meetings business for 25 years. He has traveled to all 50 states and extensively in Europe and Mexico.
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This page contains a single entry from the blog posted on April 1, 2008 10:47 AM.
The previous post in this blog was Aloha Airlines says goodbye.
The next post in this blog is Breaking news: United grounds its 777s for maintenance, with an afternoon update.
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Comments (1)
Did I read this correctly...POSSIBLE losses.. are you kidding me...The next time you fly out, you may find a scale at the boarding gate..The airlines will be buried in red ink for a while, untile we see some of them get together to survive..
Posted by YHS | April 1, 2008 2:02 PM
Posted on April 1, 2008 14:02