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Saturday, November 21, 2009 7:45 PM

Published 11/07/2009 by Manila Bulletin


Price pressures ground airlines’ recovery hopes

FRANKFURT, Nov. 5 (Reuters) Germany's Lufthansa and the airline industry's representative body provided a gloomy outlook for the sector as carriers around the world struggled to make a profit amid a fierce battle for business.

''Initial signs of a stabilization in volumes...

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What others report on the same story

Airlines' recovery hopes grounded
FRANKFURT (Reuters) - Germany's Lufthansa (LHAG.DE) and the airline industry's representative body provided a gloomy outlook for the sector as carriers around the ... - [11/06/2009 - Reuters UK]

Quotes

"Initial signs of a stabilization in volumes are far away from making up for the enormous and unrelenting pressure stemming from the massive fall in price levels" the German flagship...
Price pressures ground airlines’ recovery hopes [Manila Bulletin - 11/07/2009]
"The worst may be over in terms of the fall in demand, but yields continue to be a disaster and costs are rising" IATA said
Price pressures ground airlines’ recovery hopes [Manila Bulletin - 11/07/2009]
"What we have seen so far does not indicate at all that the tough times for the airline industry will be over soon. The environment will remain challenging for some time and we still do not expect significant positive newsflow in the short term" said MM Warburg analyst...
Price pressures ground airlines’ recovery hopes [Manila Bulletin - 11/07/2009]

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