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Fuel and weather slow airline profits
07 February 2011
The International Air Transport Association (IATA) has reported full year statistics for 2010.
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IATA
Giovanni Bisignani
British Airways
fuel surcharges
Bad weather and rising fuel prices hit airline profits in December, the International Air Transport Association (IATA) says in a report on 2010 traffic. Last year, there was an 8.2% increase in global air passenger traffic compared to 2009, while capacity grew 4.4% over the same period.
Giovanni Bisignani, Director General, IATA, says: “After the biggest demand decline in the history of aviation in 2009,...
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