Month: June 2010

U.S. Airlines Emerging from Recession

With the global economy continuing to improve, there is steady
improvement in demand for air travel as well as cargo since the beginning of
2010, after being badly affected by the economic downturn. Business travel,
which is directly affected by the economic environment, plunged to an all-time
low in 2009 as many corporations slashed travel budgets. Leisure travel as well
as cargo also showed a remarkable decline.

Continue reading