IATA sees 2008 loss of $5.2 billion as weak economy offsets falling crude
The airline industry will lose $5.2 billion this year based on an average annual crude oil price of $113 per barrel ($140 for jet fuel), IATA DG and CEO Giovanni Bisignani said yesterday from Montreal. "The industry is in an extraordinary situation," Bisignani told reporters during a conference call...
Subscription Required
This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.
Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.
Already an AWIN subscriber? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.
Related Content
