Showing posts with label airline sector. Show all posts
Showing posts with label airline sector. Show all posts

Thursday, March 22, 2012

High fuel prices threaten airline sector, IATA warns

GENEVA: The airline industry group IATA cut back its 2012 profit forecast for the airline sector to $3.0 billion (2.3 billion euros) from $3.5 billion on Tuesday, as tensions in the Gulf push fuel prices up.