IATA: Global Aviation industry treading on thin ice

The global shipping industry, the major industry organizations – the International Air Transport Association (Iata) said that the world’s airlines will face even greater difficulties, the European airline losses estimated than the expected value to double.

IATA predicted that European airlines this year, the total net loss of $ 1.1 billion, higher than previous estimates of 600 million U.S. dollars, this is because the airline must also deal with the impact of the euro zone crisis and economic slowdown.

Iata said that the global airline’s net profit margin of only 0.5% this year. Iata chairman Tony Tyler Tony Tyler said that the European banking crisis intensified, the global aviation industry revenue fell 1 percent, the industry may be a net loss of $ 3 billion, rather than to achieve a net profit of $ 3 billion.グッチスモールリムレスサングラス 238165I33312090

He warned yesterday that the “level of profitability of the whole industry can be said to ‘tip to find a balance’.”

Executives of the world’s major airlines and aircraft manufacturers gathered in Beijing to participate in the Iata annual conference. Some participants were optimistic that China might be able to boost the aviation industry.

However, the remarks of the chairman of China’s largest airlines – Air China, Air China, Wang Changshun cast doubt on the above point of view. He said: “This year, the China Civil Aviation facing more serious situation than the 2008 financial crisis.” The Chinese aviation industry will be in accordance with the existing plan, the purchase of 150-200 aircraft on each year to the end of 2015, making China become the world’s new demand, he said, the largest source.

But he added, European sovereign debt crisis, the weakening U.S. economic growth, the Asian economic downturn, a triple pressure the Chinese aviation industry, domestic air passenger market is still a good situation.

Iata said that the view of the business weakness of the first quarter of this year, the Asian airline’s net profit will reach $ 2,000,000,000 $ 300,000,000 less than the predicted value.モンスター ビーツ Powerbeats レッド ドクタードレー インナーイヤー ヘッドフォン

EU carbon tax levied on airlines, increasing the level of uncertainty of the profitability of the airline industry.

Processing your request, Please wait....

Leave a Reply