IATA DG Giovanni Bisignani warned airlines and governments in the Middle East not to "lose the plot on cost-efficiency" and to "differentiate growth and profitability" in an address to the Arab Air Carriers Organization AGM in Kuwait. Bisignani recognized the "emerging and impressive success story" of Arab carriers with their double-digit growth in the past four years and year-to-date increases of 17% in cargo traffic and 15% in passenger traffic. "Both are about three times the global ...

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