Airlines experience worst ever year in 2009. - The International Air Transport Association (IATA) reported December and the whole of 2009 for international scheduled air traffic as being the largest ever post-war decline. The accumulated losses for 230 IATA companies are estimated at around $11 billion in 2009, added to the $38 billion lost since 2000. Turnover also fell sharply by $79 billion last year to $456 billion, a fall of almost 15%. Passenger demand for the full year was down 3.5%...