International airline consolidation needed - IATA
- Latest News
- Thursday, 26 August 2010
Regional consolidation - in the United States and Europe - has helped airline profitability, he said, but a wider playing field was needed.
"We need transatlantic consolidation (in order) to become a more integrated and global industry," said Bisignani.
IATA this week also said international passenger demand in July was 9.2 per cent higher than July 2009, but carrier recovery has entered a slower phase.
However, Bisignani said the worst is over for the airline industry following the global financial crisis.
