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Global Air Traffic Slips in August

Geneva : Switzerland | about 1 month ago  
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This copy is for your personal, non-commercial use only...Director General and Chief Executive Giovanni Bisignani said in a statement. "Meanwhile, cost pressures are mounting from reduced aircraft utilization and rising oil prices.
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  • News Source: Androscoggin News | about 1 month ago
    Now the world economy is in recession.'' He said that while major airlines have slashed capacity and operating costs and can build up cash reserves to weather the storm, smaller carriers face deepening financial problems as banks turn away from them,...
  • News Source: The Nation | about 1 month ago
    Compared to August 2008, passenger demand was down 1.1%, (an improvement compared to the 2.9% decline in July), and freight demand fell by 9.6% (also an improvement compared to the 11.3% drop in July). Compared to August 2008, passenger load factors...
  • News Source: Independent | about 1 month ago
    Global airline traffic fell 1.1pc in August, a slower drop than in previous months, as carriers cut ticket prices in an effort to win back passengers and Asian economies benefited from government stimulus packages...Chief Executive Officer Giovanni...
  • News Source: Asian Wall Street Journal | about 1 month ago
    This copy is for your personal, non-commercial use only...Director General and Chief Executive Giovanni Bisignani said in a statement. "Meanwhile, cost pressures are mounting from reduced aircraft utilization and rising oil prices.
  • News Source: Times of Oman | about 1 month ago
    The airline industry is struggling to return to profit despite more signs of a revival in air travel in August, the International Air Transport Association said on Tuesday...Director General Giovanni Bisignani. "Fares have stabilised, but at...
  • News Source: Fox News | about 1 month ago
    The International Air Transport Association said Tuesday that passenger traffic fell 1.1% in August compared to last year, a slower rate of decline than the 2.9% drop in July. Freight demand fell 9.6%, compared to the 11.3% drop in July. Passenger...
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  • Blog Source: www.businesstimes.com.sg
    In its latest global forecast, issued last week, the International Air Transport Association (Iata), an industry trade group, predicted that airlines worldwide would lose US$11 billion this year, a loss US$2 billion greater than it forecast ... Nor
  • Blog Source: www.businessinsider.com
    Air travel continues to recover according to the latest traffic data from the International Air Transport Association (IATA) released today. Current international passenger traffic levels are now 6% above their March 2009 low, ...
  • Blog Source: www.bizcast.co.za
    Johannesburg, Sep 29 (I-Net Bridge) - International scheduled air traffic results for August, released by The International Air Transport Association (IATA) on Tuesday, show that compared with August 2008, passenger demand was down 1.1% ...
  • Blog Source: www.greencarcongress.com
    IATA (International Air Transport Association) represents some 230 airlines comprising 93% of scheduled international air traffic. The Airlines delegation to the UN Leadership Forum on Climate Change includes IATA members Willie Walsh ...
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