Mideast airlines' losses to shrink in 2010
The Middle Eastern airlines will see losses shrink to $300 million in 2010, from a $1.2bn loss the region's airlines suffered in 2009, even as the world airlines' losses become larger, Iata recently revealed in its forecast for 2010.
AIRLINES lost up to $US8 billion last year, with half the losses incurred in the fourth quarter.