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Iata says airlines suffered ‘worst year’ in 2009

28 January 2010

The year 2009 saw the biggest decline in air passenger traffic in the post-war era, according to the International Air Transport Association (Iata).

Passenger traffic dropped by 3.5% from a year earlier, while freight traffic fell 10.1% as the downturn hit demand.

Despite the improvement at the end of 2009, Iata said 2010 would be a tough year for airlines the world over.

Iata has estimated that airlines collectively lost $11bn (£6.8bn) last year, and stand to lose a further $5.6bn this year.

source: BBC News

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