African airlines may post $100m loss in 2012 - IATA warns

...Authority wants governments to match charges with infrastructureGoing by the declining profitability in global airlines business, African carriers may fall in to losses of $100 million, International Air Transport Association (IATA), umbrella body for world airlines, observed during the week.It said the continent may break even this year even though it posted another $100 million loss in 2010.Add your comment
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