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The Airline Industry is in Survival mode
As recently reported in Perpetual Traveller, all in all it was a depressing affair at the recent IATA Annual General Meeting in Kuala Lumpur, Malaysia. The Director General and CEO Giovanni Bisignani of IATA read out the shockingly bad statistics of the Industry and backed... IATA Forecasts US$9 Billion Global Aviation Industry Losses
The International Air Transport Association (IATA) has forecast the global aviation industry will face US$9 billion losses this year. Its director-general and ceo Giovanni Bisignani said airlines are flying into... China To Maintain 8 Percent GDP Growth
China will maintain its eight percent GDP growth.Expressing confidence of China's drive to lead in global economic revival,Singapore Minister Mentor Lee Kuan Yew stressed that China has the capacity to achieve its... 137 views | 2 recommendations | 1 comment
Millions Milked From Consumers By Airlines' Fuel Surcharge Scheme
Government A Spectator To Misleading Trade Practice
Airlines have milked from consumers, since 2003, millions of dollars of extra revenue in a misleading advertising scheme called the “fuel... 450 views | 33 recommendations | 6 comments
IATA wins $50 million contract to lease three choppers
Jakarta (ANTARA News) - Publicly-listed PT Indonesia Air Transport Tbk (IATA) has won a US$50 million contract for the leasing of three helicopters to the West Natuna Consortium consisting of Conoco Philips, Premier Oil and Star Energy for five years. The contract was signed...Airlines Told to Go Emissions Free
The world's airlines have bee told to that they have 50 years to become emissions free. The statement came from during the International Air Transport Association annual general meeting yesterday in Vancouver
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