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Full recovery in the global aviation industry may be years away : IATA

14-Oct-2009 10:54 AM

IATA Director General, Giovanni Bisignani, stated it would be "at least another nine months before we start to see a certain level of improvement in Business traffic", adding that airfreight declines have slowed in recent months, in a positive indicator that premium passenger demand could follow (Reuters/Agence France-Presse, 13-Oct-2009). However, he added that a full recovery may be "years away" and that while premium travel may return, it may be at lower yields than in previous years.