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- Title
AIRPORTS AND SERVICES.
- Abstract
The article focuses on the status of the air transport industry in Africa. International Air Transport Association (IATA) states that African aviation industry is expected to post $500 million loss in 2009 due to the impact of global economic crisis and loss of market share. It cites that revenues of airlines will continue to decline with passenger demand expected to contact by 8%. Meanwhile, it cites the success of Ethiopian Airlines to earn 45% more revenues amidst the economic climate.
- Subjects
AFRICA; COMMERCIAL aeronautics finance; AIRLINE industry &; economics; BUSINESS conditions; INTERNATIONAL Air Transport Association; ETHIOPIAN Airlines Enterprise SC; FINANCIAL crises
- Publication
Africa Research Bulletin: Economic, Financial & Technical Series, 2009, Vol 46, Issue 5, p18280
- ISSN
2053-227X
- Publication type
Article