No recovery before 2011, says BA

26 April 2009

British Airways Chief Executive Willie Walsh has said the airline is unlikely to experience a rebound in passenger traffic until 2011, as recession drags on. He told German magazine WirtschaftsWoche that most airlines had almost depleted their financial reserves due to the high price of jet fuel in the past.

A MEED Subscription...

Subscribe or upgrade your current package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.

Get Notifications