Global Airlines Experience Strong Recovery

March 11, 2010

Listen to the Story

[38 sec]

text size A A A

March 11, 2010

World airlines can expect a better year as economies recover and passenger demand picks up. The International Air Transport Association had the sunniest forecast for Asia. Carriers there could make nearly $3 billion this year. Latin American airlines also are expected to turn a profit but North American airlines will likely struggle with losses.

RENEE MONTAGNE, host:

NPR's business news starts with bluer skies for global airlines.

(Soundbite of music)

MONTAGNE: World airlines can expect a better year as economies recover and passenger demand picks up. The International Air Transport Association had the sunniest forecast for Asia. Carriers there could make nearly $3 billion this year. Latin American airlines are also expected to turn a nice profit. But North American airlines will still likely struggle with losses.

Copyright © 2010 National Public Radio®. All rights reserved. No quotes from the materials contained herein may be used in any media without attribution to National Public Radio. This transcript is provided for personal, noncommercial use only, pursuant to our Terms of Use. Any other use requires NPR's prior permission. Visit our permissions page for further information.

NPR transcripts are created on a rush deadline by a contractor for NPR, and accuracy and availability may vary. This text may not be in its final form and may be updated or revised in the future. Please be aware that the authoritative record of NPR's programming is the audio.