14-Oct-2009 10:54 AM

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

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.

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