European airline profits likely to remain sluggish

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Geneva, Switzerland GenevaLunch -European airlines will continue to be the laggards in the airline industry in 2011, Giovanni Bisignani, Iatas director general and CEO, told journalists at the International Air Transport Association’s annual press day. Profits worldwide for the industry are now expected to end 2010 up 15.1 billion, well above the 8.9 billion forecast ...

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