Loading
26-Oct-2009 11:08 AM

Worst is over for airlines: IATA

IATA Director General & CEO, Giovanni Bisignani, stated that the situation for the commercial aviation industry is improving, but recovery to pre-crisis levels could take up to four years (Economic Times, 23-Oct-2009).

IATA: "The worst is over, but the industry has to go a long way for a complete recovery. It will take three-four years for the sector to reach the level it was at before the crisis hit the industry," Giovanni Bisignani, Director General & CEO. Source: Economic Times, 23-Oct-2009.

Want More News Like This?

CAPA Membership provides access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More