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IATA chief: European carriers balancing on a knife edge

If you’re a business traveler in Europe, you’ll no doubt have complained at length about the regions’ airlines, be it the cost of a plane ticket, the quality of the food or the delays. If you’re a business traveler in Europe, you’ll no doubt have complained at length about the regions’ airlines, be it the cost of a plane ticket, the quality of the food or the delays. It’s natural to feel hard done-by. If it’s any consolation, however, you’re not the only one grumbling at the unfairness of it all. According to the IATA (International Air Transport Association) 2013 is expected to be another profitless year for the European airline industry. Tony Tyler, IATA’s director general and CEO, argues that the industry is “balancing on a knife edge” with even the sturdiest and more established airlines feeling the pressure.

IATA: Solid demand for air travel continues

IATA: Solid demand for air travel continues April 4, 2014 GENEVA, Switzerland – The International Air Transport Association (IATA) announced global passenger traffic results for February showing demand growth of 5.4% compared to February 2013. GENEVA, Switzerland – The International Air Transport Association (IATA) announced global passenger traffic results for February showing demand growth of 5.4% compared to February 2013. Although this represented a slowdown compared to the January traffic increase of 8.2%, cumulative traffic growth for the first two months of 2014 was 6.9%, which compares favorably with the 5.2% overall growth achieved in 2013. February capacity rose 5.2% and load factor climbed 0.2 percentage points to 78.1%. All regions except Africa experienced positive traffic growth.

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