As the air transport industry struggles to recover from an unprecedented onslaught of crises beginning with the tragic events of September 11, 2001, fuel is now the main obstacle to industry profitability, said the International Air Transport Association (IATA). “After US$30 billion in losses, the need for change in the airlines industry is critical and…
Air transport group IATA says high oil price now the main challenge to industry
Posted on October 1, 2004 by EnergyAsia