Economic uncertainty and the eurozone crisis cast shadow over 2012 outlook.
Call it a year of contradictions. The global airline industry went on a spending spree in 2011 and sealed deals for new aircraft that broke all records.Yet it was also a year where economies faltered and oil prices soared, with their inevitable impact on airline profits. And as 2011 drew to a close, American Airlines, the only legacy US carrier never to declare bankruptcy, filed for Chapter 11. Our 2012 forecast package tracks the highs and lows the industry has weathered this past ...
Subscribe to Access this Entire Article
"2012 FORECAST" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.