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IATA: Arab carriers urged to focus on efficiency and commercial freedoms

Tunis, Tunisia - "Freedom Summit" will take place this weekend in Istanbul

"The International Air Transport Association (IATA) urged Middle East and North Africa (MENA) airlines to focus on an agenda of efficiency and expanding commercial freedoms. 'The oil price is falling, but what we save in fuel, we lose in revenue. This industry will lose US$5.2 billion this year. Even the Middle East is not immune. The region’s carriers posted 18.1% traffic growth in 2007. This y...

fra/pec - 1095563
Rome, Italy, 10/22/2008 17:12
AVIONEWS - World Aeronautical Press Agency

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