BGN Entrepreneur

5.6 billion of the global airline losses in 2010 – the rising cost of low production and the red Industrial International Air Transport Association (IATA) revised its 2010 financial outlook for airlines expected 5.6 billion dollar global net loss of greater than originally anticipated loss of U.S. 3.8 billion. In 2009, the International Air Transport Association, predicted the United States has maintained a net loss of 11 billion U.S. dollars.
“The world’s airlines will lose the 2009 U.S. dollars to 1.1 billion U.S. dollars. We are the end of horror that will end 10 years of aviation Decennis a terrible. From 2000 to 2009, the airline lost 49.1 billion U.S. dollars, which is the United States an annual average of 50 billion U.S. dollars, “said Giovanni Bisignani, International Air Transport Association Director General and CEO.
“The worst may be behind us. In 2010, a number of important data, moving in the right direction. Demand may continue to improve and airlines, is expected to reduce non-fuel 1.3%, unit costs. However, rising fuel costs, revenue rate has continued to disaster. Airways will continue to stand firm with the United States in 2010, the red up to 56 billion dollars in losses, “said Bisignani.

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