IATA's Bisignani: EC Costs Airlines EUR5.9 Billion

The European Commission is bloating airlines' cost burden by EUR5.9 billion (US$7.9 billion), calculates Giovanni Bisignani, IATA director General and CEO. Bisignani claims that "inefficient infrastructure and regulation" cost carriers EUR3.4 billion (US$4.6 billion). He also bemoaned the delay in...

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