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IATA Revises Growth Forecast Downward

ImageThe International Air Transport Association (IATA) revised its financial forecast for airlines in 2009 downward – to a global loss of $9 billion.   This almost twice the $4.7 billion loss estimate in March, demonstrating that the revenue environment is quickly worsening. 

IATA also increased its last 2008 loss estimate from $8.5 billion to $10.4 billion


New seaside resort in Qatar

Those of you planning a trip to Qatar may want to check out Qatar’s first leisure destination Sealine Beach, a Murwab Resort, which has now opened following a major
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