In September, IATA projected European airlines would deliver a meek collective profit of $300 million next year, but that outlook is likely to be worse now. What is more, the few efforts to ease operations for airlines in Europe are flagging. The European Commission warns that its uphill struggle to get member states to move forward on implementing the Single European Sky legislation—easing air transport across the member states—is stalling.“2012 is a make or break year for the Single ...
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