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IATA 2009 STATS TELL A SORRY TALE

Posted by julian on June 10, 2009 in Airlines, Economy

Demand is falling faster than the airlines park up planes to reduce capacity and the consensus is the bottom has not been reached. It is projected collectively that the 226 member airlines will lose $9 billion this year on $448 billion. The IATA conference now taking place in Kuala Lumpur apparently has more journalists attending [...]

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