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IATA, in 2009 figures are worse then forecasts

Geneva, Switzerland - Deep recession, bigger losses

The International Air Transport Association (IATA) announced a revised outlook for the global air transport industry with losses of 4.7 billion Dollars in 2009. This is significantly worse than IATA’s December forecast for a 2.5 billion loss in 2009, reflecting the rapid deterioration of the global economic conditions. Industry revenues are expected to fall by 12% (62 billion) to 467 billion Dollars. B...

AVIONEWS - World Aeronautical Press Agency - 1101730
Rome, Italy, 03/24/2009 14:15
AVIONEWS - World Aeronautical Press Agency

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