
AIRLINES ARE LOOKING FORWARD to positive results in 2011, according to the International Air Transport Association (IATA), despite continuing pressure from fuel prices.
The IATA said that although 46% of airline chiefs believe they will see an increase in profits over the coming year, that figure had dipped from 60% in October.
The airline industry expects higher fuel costs to take a toll by eating into profits, despite projected increases in passenger numbers, according to the Irish Tourist Industry Confederation.
Some 77% of airlines expect their passenger volumes to increase in 2011.
COMMENTS