InfoAnda - IATA meets as airline industry shows signs of recovery

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

Emotions scarier than aliens: Will Smith | 9 February 2009
Troops replace tourists at Egyptian Museum | 5 February 2011
Israel announces new Jewish homes in Jerusalem area | | 28 December 2009

Seven car bombs kill 37 across Baghdad | 7 April 2009

Forum Views () Forum Replies ()

Read more with google mobile : IATA meets as airline industry shows signs of recovery

Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Photos Sitemap IATA meets as airline industry shows signs of recovery AFP - 2 hours 47 minutes ago Send IM Story Print IATA meets as airline industry shows signs of recovery BERLIN (AFP) - – The commercial aviation industry, battered by plunging sales and fallout from the Icelandic ash cloud, is at last emerging from a steep downturn, the International Air Transport Association (IATA) says. "We are meeting as the industry continues its recovery from the global financial meltdown," IATA general director Giovanni Bisignani said ahead of its general assembly starting Monday. The organisation represents 230 airlines that account for 93 percent of commercial air traffic. The pace of the sector's recovery has been slowed by the eruption in April of an Icelandic volcano, which spread an ash cloud over Europe that brought commercial air travel to a standstill for a week. International passenger traffic, after rising 10.3 percent in March, showed only a 2.4 percent gain in April. Bisignani said however that the strong growth recorded prior to the volcano eruption presages a sustained recovery. "It is finally time for some cautious optimism," he said. IATA estimates that the global civil aviation industry lost 9.4 billion dollars (7.8 billion euros) last year, with Europe accounting for 3.8 billion dollars. The Franco-Dutch airline Air France-KLM last week reported a 4.3 percent gain in traffic in May. "If this year we see no growth, it is possible that we will be able to regain momentum in 2011," company chief executive Pierre-Henri Gourgeon said. "In 2012, the air transport industry will be at a level that will exceed that reached before the (2008 global financial) crisis." Industry analyst Christophe Menard of Bryan, Garnier and Co. said that "overall, the trend has been positive over the last months. "We will incorporate signs of recovery starting in the second half of the year and ... should be at the top of the cycle in two years." Airlines have taken account of recovery prospects and have told manufacturers they planned to take delivery of aircraft as scheduled in 2011. Results in the first quarter of the year improved, notably in Asia and North America, according to IATA. The first quarter is traditionally the weakest of the year. "Airlines typically make 80 percent of their earnings in the second and third quarters," IATA noted. Menard said recent airline mergers in the United States should help absorb excess capacity. At research group Oliver Wyman, analyst Olivier Fainsilber stressed that the economic recovery could prompt an increase in business travel and sales of flexible tickets at higher prices. "This should be a fillip to generalist companies that have continued to offer a wide range of flight schedules during the crisis but without getting the benefit of sales of flexible tickets," he said. Recommend Send IM Story Print News Search Top Stories New world record for longest poker game Eurozone debt could squeeze banks: experts New anti-cancer drug extends life of melanoma victims IATA meets as airline industry shows signs of recovery Obama vows help as BP sees oil spill progress More Top Stories » Most Popular Most Viewed Most Recommended Aid ship intercepted by Israeli troops: Gaza committee Nadal calls truce with title rival Soderling McDonald's recalls 12 mln tainted 'Shrek' glasses US employment report sparks global recovery fears Obama vows help as BP sees oil spill progress More Most Viewed » Hubble catches planet being devoured by its star The point about pain: New study sheds light on acupuncture Ocean fish could disappear in 40 years: UN Paris museum burglar grabs 120-million-dollar art haul US team creates first 'synthetic life' More Most Recommended » Elsewhere on Yahoo! Financial news on Yahoo! Finance Stars and latest movies Best travel destinations More on Yahoo! News Home Singapore Asia Pacific World Business Entertainment Sports Technology Subscribe to our news feeds Top StoriesMy Yahoo!RSS » More news feeds | What are news feeds? Also on Yahoo Answers Groups Mail Messenger Mobile Travel Finance Movies Sports Games » All Yahoo! Services Site Highlights Singapore Full Coverage Most Popular Asia Entertainment Photos World Cup 2010 Copyright © 2010 Yahoo! Southeast Asia Pte. Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Terms of Service | Privacy Policy | Community | Intellectual Property Rights Policy | Help

Other News on Sunday, 6 June 2010
Medvedev hopes 'irresponsible' Iran listening
Credit card fraudsters take aim at World Cup
Bomb at Afghan governor office kills 1, wounds 14
Romania: the last journey now broadcast live
Pro-Palestinian march in Paris draws Jews, Muslims |
Obama vows help as BP sees oil spill progress
Brazil's Rousseff rises in poll, ties with Serra |
Defeat won't hit confidence, vows Aussie coach
Protest-hit Bollywood awards get under way in Sri Lanka
Protest-hit Bollywood awards get under way in Sri Lanka
World Cup bypasses South Africa's neighbours
Russia urges NATO to fight Afghan drug trafficking
IATA meets as airline industry shows signs of recovery
Official says U.N.'s Ban offers panel on Israeli ship raid |
Peru promises a fair trial for Dutch murder suspect
New world record for longest poker game
Bomb at Afghan governor office kills 1, wounds 14
Eurozone debt could squeeze banks: experts
Suicide bomber kills four police in Iraqi capital |
New anti-cancer drug extends life of melanoma victims
Russia says world needs to do more for Afghanistan |
Yemeni officer, soldier die in suspected Qaeda ambush |
Next Japan PM to tap fiscal reformers |
Bashir says Darfur peace talks are final round |
N.Korea lashes out at UN drive over warship
Minimum and maximum temperatures in Celsius
'3 Idiots' sweeps Bollywood awards in Sri Lanka
Not forgotten: Remains of US soldier sought in Vietnam
Malaysian tycoon defends sports gambling
World Environment Day: Clinton Reiterates US Commitment
Japan's new PM to curb power of kingmaker Ozawa
Thai emergency powers raise justice, freedom fears
Call to improve Asia-Pacific relief coordination
Accidents prompt upgrade for Sydney Opera House
Bangladesh lifts ban on Facebook
Gates warns of more N.Korea 'provocations'
iPad imitators hope to bite into Apple's lead
Japan's new PM faces stagnant economy, debt mountain
Google to provide data to European authorities |
Bangladesh lifts Facebook ban |
Impressionism returns to Normandy with a homeland festival
New generation of Saudi novelists breaks taboos
Romania's city of Cluj sheds Dracula for film and art
Shakira performs before 85,000 people in Spain
'3 Idiots' sweeps Bollywood awards in Sri Lanka
More than 1,000 people create live Impressionist painting
Sotheby's to auction Lehman Brothers art collection
Greek gays rally against discrimination
Private collectors buy rare Orient Express coaches
Apple's Jobs expected to reveal new iPhone
Five killed, including 4 police, in Baghdad attacks
Foreigners 'rounded up' in Yemen anti-Qaeda sweep
Karzai orders review of prisoners' cases
Dell loses Taiwan consumer lawsuit: report
Iran opposition says regime playing into enemies' hands
China police crack down on hi-tech exam cheating
Oil spill cap catching about 10,000 barrels a day: BP
Afghan interior, intel chiefs resign over attack
Karzai orders review of Afghan detentions |
Karzai orders review of Afghan Taliban detentions
Two New Jersey Men Arrested On Terror Charges
Turkey hosts Eurasian summit amid Israel storm |
Karzai orders review of Taliban detentions
Obama Taps Clapper To Be Next Intelligence Chief
Thousands Rally In Support Of Arizona Immigration Bill
Gates, in Baku, seeks to shore up Afghan supply chain |
Bomb kills Afghan police officer, 2 civilians
Rival candidate for president new headache for Merkel |
Three Kurdish fighters killed in southeast Turkey |
Rwanda opposition asks U.S. to help defuse tension |
Pope says calm Mideast tensions now or more bloodshed |
Clinton seeks better LatAm ties despite friction
N.Korea rails at South's UN drive over warship
Australian police to probe Google over privacy
Thailand 'back' after unrest, PM says on first overseas trip
Apologetic BP ads get criticism, not sympathy
Taiwan First Lady to make landmark visit to Russia
Immigration law supporters rally at Ariz. Capitol
Canadian crosses Sydney Harbour Bridge on global walk
Australian police to probe Google over privacy issues |
US rockers The Pixies cancel Israel gig
'3 Idiots' movie sweeps annual Bollywood awards
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph		BlogMeter 1.01