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Archive Home > 2008 > December > 14 > Airlines expect smaller loss in 2009

Airlines expect smaller loss in 2009


December 14, 2008

PARIS — The airline industry is expected to have collective losses of $2.5 billion in 2009, according to a forecast from an airline trade association.

The report from the International Air Transport Association said the 2009 loss would be half what the group’s 230 members....

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