Airlines Post First Loss Since 1982: Commercial...
From Times Staff and Wire Reports
Airlines Post First Loss Since 1982: Commercial airlines around the world suffered operating losses of $2.6 billion last year, the industry’s first red ink since 1982, the International Civil Aviation Organization said. Last year’s bleak performance contrasted with a profit of $7.9 billion in 1989, the U.N. agency said.
More to Read
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.