05-Dec-2008 2:03 PM
AEA sees "significant downturn in the already weakening trend" in November after poor October data
Analysis
European airlines are expected to report even steeper downturns in traffic in a market already suffering from a marked demand slowdown. According to the Association of European Airlines (AEA) indications for November, derived from the Association's weekly reports, are for a "significant downturn in the already weakening trend", with the traffic losses only partially offset by capacity cuts introduced in the Winter schedule.
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