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Forecasts IATA (2), regional differences remain significant

Geneva, Switzerland - Positive figures for Middle East

Forecasts of IATA for 2009 are worse than expected. As usual, regional differences remain significant. Asia Pacific: carriers in this region continue to be hardest hit by the current economic turmoil and are expected to post losses of 1.7 billion Dollars (significantly worse than the previous loss forecast of 1.1 billion). Japan, the region’s largest market is expected to see GDP drop by 5.5% i...

AVIONEWS - World Aeronautical Press Agency - 1101732

AVIONEWS - World Aeronautical Press Agency
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