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 ...

Subscribe to Access this Entire Article

"Printer-friendly" 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.

Already registered? here.