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Image header Agence Europe
Europe Daily Bulletin No. 10511
Contents Publication in full By article 13 / 31
SECTORAL POLICY / (ae) transport

Aviation already counting cost of euro crisis

Brussels, 07/12/2011 (Agence Europe) - The aviation sector cannot conceal its anxiety at developments in the eurozone crisis and the possible serious repercussions on airlines. The International Air Transport Association (IATA), whose 240 member companies account for 84% of global air traffic, is speaking of losses equivalent to $8.3 billion in 2012 if there were to be a banking crisis in the European Union. IATA bases its forecasts on a worst-case scenario developed from the latest...

Contents

INSTITUTIONAL
SOVEREIGN DEBT CRISIS
ECONOMY-FINANCE-BUSINESS
SECTORAL POLICY
EXTERNAL ACTION