USD 1.7

Baku 25 °C

AZ RU EN FA FR

Dark mode

POLITICS

NEWS

World

Economics

Sport

Culture news

Analysis

Blogs

Company

TOP 10

© 2004 - 2026 All copyright are reserved.

Infrastructure

Home page

Loss of World Airlines

Loss of World Airlines

12 March 2010 08:34 (UTC +04:00)

Baku â€“ APA-Economics. Global airlines are undergoing a surprisingly strong recovery with Asian and Latin American carriers leading the way, the leading industry group said Thursday, halving its loss forecast for 2010 to $2.8 billion, Associated Press reported.

The international Air Transport Association said carriers began bouncing back late last year, and have continued to see stronger demand after posting record losses during the global economic crisis. The group also lowered its 2009 loss estimate to $9.4 billion from $11 billion because of the year-end rally.

European carriers are expected to post a $2.2 billion loss, the largest in the world. North American carriers could lose $1.8 billion because of a jobless recovery and poor consumer confidence, the group said.

Infrastructure

AZAL plans to expand its fleet to 50 aircraft by 2032 - <span class="red_color">VIDEO

AZAL plans to expand its fleet to 50 aircraft by 2032 - VIDEO

Azerbaijan and Kazakhstan agree on full transition to electronic permit system

Azerbaijan and Kazakhstan agree on full transition to electronic permit system

Azerbaijan Railways plans to purchase new rolling stock from Chinese companies-<span class="red_color">PHOTO

Azerbaijan Railways plans to purchase new rolling stock from Chinese companies-PHOTO

Azerbaijan Railways showcases Azerbaijan’s transit and logistics potential at Transport Logistic China 2026

Azerbaijan Railways showcases Azerbaijan’s transit and logistics potential at Transport Logistic China 2026

ATTENTION!

Dear user for receiving paid news sign up

Sign up

ATTENTION!

Dear user for receiving paid videos sign up

Sign up

ATTENTION!

Dear user for receiving paid photos sign up

Sign up

THE OPERATION IS BEING PERFORMED