Posts Tagged ‘Climb Out of Recession’

Airlines Struggling to Climb Out of Recession

Thursday, January 28, 2010 8:11 No Comments

Airline passenger numbers plummeted so steeply in 2009 that oxygen masks may soon be tumbling out of boardroom ceilings across the globe. As demand for seats dropped by 3.5%, chances of an early recovery disappeared quicker than a complementary gin and tonic.
An industry group said that, with airlines struggling to fill more than three quarters [...]

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