Cape Town: Global airlines are gathering for an industry summit boosted by weaker fuel prices, but facing a tough debate over how to share the cost of tackling emissions involved in a trade row.
The International Air Transport Association, which represents 240 carriers, is holding its annual meeting against a backdrop of higher traffic and cheaper energy that could lift airline profits and underpin hopes of economic recovery.
Tony Tyler, IATA's director general, said ahead of the June 2-4 talks that airlines felt "modest signs of improvement" as traffic grows sharply in emerging markets, offsetting Europe's debt crisis and a hesitant pick-up in North America.
02/06/13 Reuters/Indian Express
To Read the News in full at Source, Click the Headline
The International Air Transport Association, which represents 240 carriers, is holding its annual meeting against a backdrop of higher traffic and cheaper energy that could lift airline profits and underpin hopes of economic recovery.
Tony Tyler, IATA's director general, said ahead of the June 2-4 talks that airlines felt "modest signs of improvement" as traffic grows sharply in emerging markets, offsetting Europe's debt crisis and a hesitant pick-up in North America.
02/06/13 Reuters/Indian Express
