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IATA forecasts $5.6 billion loss in 2010

15 December 2009

The International Air Transport Association (Iata) revised its 2010 financial outlook predicting a $5.6 billion net loss, but says the worst is behind us.

Read more: International Air Transport Association Iata 2010 forecast fuel

The International Air Transport Association (Iata) has revised its financial outlook predicting higher losses than previously thought for 2010. The organization changed its forecast for net global airline losses from $3.8 billion to $5.6 billion. However, it is an improvement from Iata’s 2009 forecast of a...


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“At the current pricing it will become attractive again to issue Ex-Im-guaranteed bonds. This will help stabilize and drive pricing down from where it is now.”

Kostya Zolotusky, managing director, capital markets, Boeing Capital, says about the price of export credit.

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