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Travel & Tourism industry news by Greek Travel Pages (gtp)

Airlines to Lose Billions This Year

The International Air Transport Association recently announced a revised industry financial forecast for airline losses this year and 2009 and evaluated that the difficult business conditions will remain.

IATA Predicts Traffic Growth Set to Slow

The International Air Transport Association (IATA) recently released full-year traffic results for 2007. The results show international passenger traffic demand grew 7.4 percent for the year 2007 that is a considerable increase from the 5.9 percent increase recorded in 2006. In...