Airlines brace for lasting impact from crisis
The current global economic downturn could have consequences extending well into next decade, delegates at the Association of Asia Pacific Airlines’ (AAPA) annual Assembly of Presidents heard last week. The Association’s Director General, Andrew Herdman, stated the current downturn poses “significant implications for investment and capacity management”. [652 words]
Unlock the following content in this report:
- Falling oil prices to help AAPA carriers to keep people travelling
Graphs and data:
- Awful, Brutal or Catastrophic? Long term airline industry growth (RPKs billions): 1980 to 2016F
- Souring fortunes: AAPA international passenger (RPK) and cargo (FTK) traffic growth (% change year-on-year): Jan-07 to Sep-08
- AAPA Assembly of Presidents Resolutions for 2008
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