The outlook for airlines - threatening skies

Airline chiefs head for Cancun in Mexico for their annual gathering as the industry is set to deliver another strong financial performance, including covering its cost of capital for a record third consecutive year. Fuel prices have been relatively low for the past two years, travellers are flying in record numbers and there's been a revival in business and consumer confidence, according to International Air Transport Association figures. They also show air cargo volumes are up, as air… (www.nzherald.co.nz) More...