IATA Director Forecasts $5.5 Billion In Profits

IATA Director General Pierre Jeanniot forecast yesterday a record $5.5 billion in profits for IATA members in 1996, up 6% from 1995's record of $5.2 billion but down significantly from the $6 billion Jeanniot projected in April. World jet fuel prices began to rise in April and have remained higher...

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