Reduction in losses, despite crisis and sharp fuel rise
AIRLINE INDUSTRY CRISIS HITS 2009 IBERIA PERFORMANCE
Japan is facing economic downturn. Yen is too strong and the global economic crisis also does not help the tourism industry. Japanese government, however, intends to attract 10 million tourists by 2010 and plans to allow rich individuals from China to visit Japan on their own.
Lufthansa Group achieves an operating profit of 984 million euros after nine months / Executive Board expects a result around 1.1 billion euros for the full year
Iberia is the European airline in the best shape to withstand the current crisis in the industry, and the third best-placed in the world, according to the report on the „Top Performing Companies“ in the latest edition of Aviation Week, which considers the situation of each airline against the backdrop of the world economic slump […]