Continued growth for cargo, but slower phase: IATA

Results from IATA’s quarterly survey conducted in October show business conditions continued to improve during the third quarter. But while confidence going forward remains generally high, some concerns about 2011 are evident, said IATA. Over 77 per cent of airline respondents reported improved profitability during the last quarter on the back of strong revenues and […]


business conditions business confidence IATA International Air Transport Association


Results from IATA’s quarterly survey conducted in October show business conditions continued to improve during the third quarter. But while confidence going forward remains generally high, some concerns about 2011 are evident, said IATA. Over 77 per cent of airline respondents reported improved profitability during the last quarter on the back of strong revenues and cost control. The outlook for the 12 months ahead remains positive, although the prospect of only modest economic growth next year is dampening the mood somewhat.