GENEVA (Reuters) –
"The relief of lower fuel prices is overshadowed by falling demand and plummeting revenues. The industry is in intensive care."
The Swiss-based body said its latest forecast was based on a view that the economy and air transport demand would hit bottom by mid-2009 and then start to recover.
Tuesday, March 24, 2009
40 airlines worldwide have suspended their operations in the last 15 months
NVDL: If you'd like to see the world, now might be a good time. While you still can.