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Iata says the airlines liberalization is needed

Montreal, Canada - Iata identified three obstacles to the change the industry needs

The war in Iraq comes at a time when the airlines, having accumulated USD 30bn of losses since September 11, are still struggling with the effects of the worst crisis in the history of the industry. The armed conflict could easily add USD 10bn of losses on international traffic by extending the current traffic slump well into the summer season. "At this point, the air trasnport industry must look...

AVIONEWS - World Aeronautical Press Agency - 42841

AVIONEWS - World Aeronautical Press Agency
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