IATA forecast for 2009

According to the International Air Transport Association (IATA),the world’s airlines are expected to lose US$2.5 billion in 2009. Passenger traffic is expected to decline by 3 percent following growth of 2 percent in 2008. This is the first decline in passenger traffic since the 2.7 percent drop in 2001.Source: eTurboNews; find full article here>>.

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