AIRLINE ALARM FOR FUEL COST

The CEO of IATA speaks explicitly of emergency situation. “The financial situation of airlines is becoming more difficult, and in some cases dramatic”: word of Giovanni Bisignani, director general and CEO of IATA, the global association that collects airlines (excluding those charter). And to make it even more concrete his words, he recalls that in the last six months far 25 companies have left the aircraft grounded because of insolvency. Read all »

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