{"id":95785535,"date":"2010-09-21T14:18:00","date_gmt":"2010-09-21T14:18:00","guid":{"rendered":"http:\/\/www.cheapoair.com\/miles-away\/iata-airline-industry-rebounding-strongly\/"},"modified":"2010-09-21T14:18:00","modified_gmt":"2010-09-21T14:18:00","slug":"iata-airline-industry-rebounding-strongly","status":"publish","type":"post","link":"https:\/\/www.cheapoair.com\/miles-away\/iata-airline-industry-rebounding-strongly\/","title":{"rendered":"IATA: Airline Industry Rebounding Strongly"},"content":{"rendered":"<div style=\"text-align: center\">\n&nbsp;\n<\/div>\n<div style=\"text-align: center\">\n<strong>Global airline industry said to be rebounding strongly <\/strong>\n<\/div>\n<p>&nbsp; <\/p>\n<p>\nInternational airlines have rebounded quicker than expected<br \/>\nfrom the recession after losing close to $26 billion over 2008 and 2009, the<br \/>\nindustry association said on Tuesday, increasing its profit forecast for this<br \/>\nyear.\n<\/p>\n<p>\n&nbsp;\n<\/p>\n<p class=\"MsoNormal\">\n&nbsp;\n<\/p>\n<p class=\"MsoNormal\">\nThe International Transport Association said airline profits<br \/>\nfor 2010 will probably total $8.9 billion on revenue of $560 billion, more than<br \/>\nthe group&rsquo;s forecast in June of $2.5 billion profit on sales of $545 billion.\n<\/p>\n<p class=\"MsoNormal\">\n&nbsp;\n<\/p>\n<p class=\"MsoNormal\">\n&ldquo;This is a significant improvement, but not enough for a big<br \/>\ncelebration,&rdquo; Giovanni Bisignani, IATA chief executive, said at a news<br \/>\nconference in Singapore.\n<\/p>\n<p class=\"MsoNormal\">\n&nbsp;\n<\/p>\n<p class=\"MsoNormal\">\nThe global economy lead by Asia has made a faster recovery from last year&rsquo;s recession that the IATA anticipated, helping to raise passenger numbers and cargo.&nbsp;\n<\/p>\n<p class=\"MsoNormal\">\n&nbsp;\n<\/p>\n<p class=\"MsoNormal\">\nGlobal demand will probably expand 11 percent in 2010 while the number of seats will grow 7 percent, the IATA stated.&nbsp;\n<\/p>\n<p class=\"MsoNormal\">\n&nbsp;\n<\/p>\n<p class=\"MsoNormal\">\n<em>Source:<a rel=\"nofollow\" href=\"http:\/\/www.msnbc.msn.com\/id\/39286389\/ns\/travel-news\/\" target=\"_blank\"> msnbc <\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; Global airline industry said to be rebounding strongly &nbsp; International airlines have rebounded quicker than expected from the recession after losing close to $26 billion over 2008 and 2009, the industry association said on Tuesday, increasing its profit forecast for this year. &nbsp; &nbsp; The International Transport Association said airline profits for 2010 will [&hellip;]<\/p>\n","protected":false},"author":15,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-95785535","post","type-post","status-publish","format-standard","hentry","category-other"],"_links":{"self":[{"href":"https:\/\/www.cheapoair.com\/miles-away\/wp-json\/wp\/v2\/posts\/95785535","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cheapoair.com\/miles-away\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cheapoair.com\/miles-away\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cheapoair.com\/miles-away\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cheapoair.com\/miles-away\/wp-json\/wp\/v2\/comments?post=95785535"}],"version-history":[{"count":0,"href":"https:\/\/www.cheapoair.com\/miles-away\/wp-json\/wp\/v2\/posts\/95785535\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.cheapoair.com\/miles-away\/wp-json\/wp\/v2\/media?parent=95785535"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cheapoair.com\/miles-away\/wp-json\/wp\/v2\/categories?post=95785535"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cheapoair.com\/miles-away\/wp-json\/wp\/v2\/tags?post=95785535"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}