26-Oct-2009 1:05 PM
Indian aviation industry to report losses of USD1.5 billion in 2009: IATA
Analysis
IATA Director General and CEO, Giovanni Bisignani, stated the Indian aviation industry is forecast to report losses of USD1.5 billion in 2009 (or 42% of total losses in the Asia Pacific region), adding that "logically most of these losses will come from Air India".
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