African airlines to return to profitability in 2010; Airbus and Boeing see steady aircraft growth
African airlines are projected to return to profitability in 2010 for the first time since 2002 in response to the renewed economic activity and bolstered by what IATA describes as "a decade of cost-cutting, restructuring, and re-engineering." Reflecting these developments, projections for African airline profits stand at a USD100 million profit in 2010, with a breakeven result anticipated for 2011.
