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Losses of USD 16-17bn for airlines belonging to IATA

Shanghai, China - Latest estimation provided by IATA new director general and CEO

IATA new director general and CEO, Giovanni Bisignani, provided the latest estimation about losses suffered by 278 airlines belonging to International Airlines Transport Association (IATA). They amount to USD 16-17bn: USD 12bn regarding international flights, USD 4-5bn domestic ones. (004)

AVIONEWS - World Aeronautical Press Agency - 29365
Rome, Italy, 06/04/2002 14:40
AVIONEWS - World Aeronautical Press Agency

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