International Air Transport Association
ORG
Air Transport Association International Air Transport Association
The world airline industry has lost $42 billion since 2001 and continues to lose money, even as passenger traffic and cargo is expected to grow in Asia, Giovanni Bisignani, the director of the International Air Transport Association, said at a news conference at an aviation industry meeting in Singapore yesterday. The president of the Air Transport Association, an airline industry trade group, James C. May, said at a recent Senate Commerce Committee hearing, that The Registered Traveler program has turned into a shifting and dispiriting exercise. The world airline industry has lost $42 billion since 2001 and continues to lose money, even as passenger traffic and cargo is expected to grow in Asia, Giovanni Bisignani, the director of the International Air Transport Association, said at an aviation industry meeting. James C. May, the president of the Air Transport Association, said the Registered Traveler program has turned into a shifting and dispiriting exercise.