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This results in a revised forecast loss of £5m.
AIRLINE LOSSES TO MOUNT -- Their cost-cutting measures overwhelmed by the surging price of oil, domestic airlines will probably record losses totaling $7.4 billion this year, the International Air Transport Association said in a revised forecast yesterday.
TOULOUSE, FRANCE — Rising fuel costs could cause the airline industry's profits to plunge 62 percent this year, a bigger drop than predicted four months ago, the International Air Transport Association said Tuesday in a revised forecast for the global industry.
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Brent Long poked his head in and delivered a revised forecast.
ZenithOptimedia also released a revised forecast for growth in global advertising spend of 4.8%, to $489bn.
Online ad spending is expected to grow nearly 14percentthis yearar in the U.S. to $25.8 billion, according to a revised forecast by eMarketer.
Forecast International/DMS, an aerospace research firm, issued a revised forecast yesterday that projected that this year's dip in production, to 775 jets, would drop further to 728 jets in 2003, before a recovery in 2004.
Gas demand, which before Fukushima was expected to increase 4.8 percent by 2020, is now expected to grow 9.5 percent, the I.E.A. estimated in its revised forecast.
In explaining the revised forecast, Williams said it was having trouble entering into long-term deals to sell power and to manage risk for clients because of nervousness about the company's credit rating.
In all, IDC's revised forecast says there will be 596m fewer PC shipments over the next four years than predicted just under two years ago, in June 2011.
The firm attributes its revised forecast, in part, to the growing list of live streaming and over-the-top platforms that are now available.
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