Global airlines are expected to post a combined loss of 5.2 billion dollars in 2008 on a "toxic" combination of high oil prices and falling demand, industry association IATA warned Wednesday.
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Airlines to lose 5.2 bln dollars in 2008 on high fuel prices: IATAPosted by UK Economy News
In UK financial news
3Sep 08 Global airlines are expected to post a combined loss of 5.2 billion dollars in 2008 on a "toxic" combination of high oil prices and falling demand, industry association IATA warned Wednesday.
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