Getting your player ready...
LONDON — The airline industry lost more than $6 billion in the first half of the year, but there are signs that passenger numbers and air- freight volumes are improving, the International Air Transport Association said Tuesday.
IATA, which represents 230 airlines worldwide that account for roughly 93 percent of scheduled international air traffic, in its bimonthly report on the financial health of the industry said airlines posted a combined net loss of $2 billion in the second quarter, following $4 billion in losses in the first quarter.
Its sample of airlines was incomplete, so IATA estimates that losses exceeded $6 billion.
