Airlines Overcome Difficulties Gracefully, says IATA

Havana, Sep 13. -Despite concerns triggered by fuel prices and instability in the planet,air industry executives are optimistic about air transport.Tony Tyler, Director General and CEO of the International Air Transport Association (IATA), says that airlines, in addition to recover after the collapse of New York twin towers, have resumed and maintained profitability.

He said the airlines will earn at the end of 2011 four billion USD, compared to the 3,700 billion USD of revenue generated in 2000, a year before the catastrophe caused by the two passenger aircrafts which crashed into those buildings.

IATA''s report, says that passenger traffic will increase by one billion passengers by the end of the year, compared to 2000, and it will reach 2,800 billion, while cargo transportation will increase to 48 billion tons, 16 tons more than in 2011. However, IATA was distrustful to profitability, which does not grow proportionally to income. (Prensa Latina)