Assn. of European Airlines members said last week that there remains no indication about when an economic recovery might begin and that the current downturn could have a "profound impact on the market" well past this year. IATA said last week, "The worst may be over. However, we have not yet seen any signs that recovery is imminent." AEA Chairman and Croatia Airlines President and CEO Ivan Misetic said, "The economic downturn is of unprecedented dimensions because all global economies are in ...

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