Aero-News: Quote of the Day (03.20.09) (The Aero-News Network)

"Our last industry forecast made in December was for a $2.5 billion loss in 2009. This is now looking very optimistic..." Source: International Air Transport Association CEO Giovanni Bisignani, speaking during a briefing in Kuala Lumpur this week. IATA will issue a revised forecast next week, reflecting worse-than-expected drops in international passenger and cargo traffic in the first months of ...

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by Yahoo Parachute News