While most regions will see limited improvement next year, Asian airline sector could return to profitability fastest
Asia-Pacific carriers may have been the hardest hit by the industry downturn, but they are now poised for a more dramatic rebound than their European and North American counterparts. Airlines in most global regions are expected to start a slow climb to recovery next year, according to a new forecast from the International Air Transport Assn. Despite some improvement, airlines from Europe and North America will still be in the red collectively for 2010. Asia-Pacific carriers, however, ...
ACCESS THIS PREMIUM CONTENT
"IATA Sees Uptick For Asia-Pacific Airlines In 2010" is Premium Content. Subscribing will provide full access to this article as well as the opportunity to access:
-- Critical intelligence on the global aviation, aerospace & defense industries
-- Consolidated, comprehensive coverage of the programs and technologies shaping the industry
-- And much more…