Bisignani Says Oil, Japan Quake Hurting Airline Profits

June 6 (Bloomberg) -- Giovanni Bisignani, head of the International Air Transport Association, ta...  More »

June 6 (Bloomberg) -- Giovanni Bisignani, head of the International Air Transport Association, talks about the outlook for the global aviation industry. IATA cut its 2011 airline-industry profit forecast by 54 percent because of higher oil prices, political protests in the Middle East and North Africa, and the Japan earthquake. Bisignani spoke with Bloomberg's Robert Fenner in Singapore yesterday. (Source: Bloomberg)  « Less