Posted by Brad Mixner on April 27, 2010 · Leave a Comment
The European Union on Tuesday warned governments against lavishing emergency aid on airlines to make up for losses from the eruption of an Icelandic volcano, but proposed other measures to help them recover from the week-long shutdown of air travel. The E.U. Transport Commissioner Siim Kallas said the European Commission’s own estimate of total losses [...]
Filed under From The News · Tagged with Air, air transport association, E.U. Proposes, E.U. Transport, Europe, European, european authorities, international air transport, international air transport association, Mr. Kallas, new york, North Atlantic, siim kallas, Tuesday, Union, volcano
Posted by Brad Mixner on March 11, 2010 · Leave a Comment
The international airline business is improving, said an industry group Thursday, and while losses are still expected for 2010, they should be half the size previously forecast. The International Air Transport Association, a group representing airlines around the world, revised its 2010 projections to a loss of $2.8 billion. It was a very different picture [...]
Filed under From The News · Tagged with air transport association, airline, Asia, dismal market, Europe, forecast, IATA, industry, international air transport, international air transport association, international airline industry, Latin America, loss, North America
Posted by Brad Mixner on January 29, 2010 · Leave a Comment
Airlines last year experienced the steepest drop in international passenger traffic in the history of modern aviation, paving the way for more losses and belt tightening in the months ahead, an industry trade organization said Wednesday. Traffic declined 3.5% in 2009, with the average plane flying 75.6% full, the International Air Transport Association reported. “In [...]
Filed under From The News · Tagged with Air, air transport association, Association, Giovanni Bisignani, global recession, industry, international air transport, international air transport association, international passenger traffic, traffic, year
