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REQUEST FOR RESTRUCTURING

NEW YORK, Iata General Manager Pierre Jeanniot opened last week the International Air Transport Association (IATA) finance section of 2001 inviting the airlines to a swift firm restructuring. The balance-sheets of the firms in the field are under pressure due to the rise of fuel prices, to the increased sector competition but also to the delay in the use of e-commerce system.

AVIONEWS - World Aeronautical Press Agency - 10785

AVIONEWS - World Aeronautical Press Agency
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