World Airline Sector 'Recovering'....
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World Airline Sector 'Recovering'....
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Airline Industry Recovering says IATA
BBC News: The global airline industry will recover strongly this year, as both passenger and freight numbers improve, the industry's trade body has said.
It expects to see global passenger numbers rise by 5.6% in 2010, after falling 2.9% last year. At the same time, it predicts that cargo demand will rise by 10%, after last year's 11.1% decline.
IATA expects European airlines to make a combined loss of $2.2bn this year, with US and Canadian airlines losing $1.8bn. However, it said Asian-Pacific carriers could report profits totalling $900m, while Latin American airlines may make $800m.
Something to cheer...
It expects to see global passenger numbers rise by 5.6% in 2010, after falling 2.9% last year. At the same time, it predicts that cargo demand will rise by 10%, after last year's 11.1% decline.
IATA expects European airlines to make a combined loss of $2.2bn this year, with US and Canadian airlines losing $1.8bn. However, it said Asian-Pacific carriers could report profits totalling $900m, while Latin American airlines may make $800m.
Something to cheer...
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G&T ice n slice fwiw cargo demand is still lower than it was in 2005
and if their base year was 2008 = 100
then 2009 = 89.9
2010 = 97.8
Yes things are "better" but ...
and if their base year was 2008 = 100
then 2009 = 89.9
2010 = 97.8
Yes things are "better" but ...
And yes, compared to the 2012 figure of 99 it is still quite bad
