Main menu For students For teachers Explore our subjects Student events & courses

Explore

More for students
Sign in

Teaching Economics

Blog

Economics Snapshot - Losses in Global Aviation

Geoff Riley

23rd July 2009

Share this content:

The global aviation industry is in crisis

IATA forecasts that airlines will lose $4.7bn in 2009 International passenger traffic is falling at an annual rate of 10% Fares for First and Business class passengers have dropped by as much as 40% this year In the decade to the end of 2007 airlines globally generated a revenue of $3.6 trillion and made a net profit of zero

Source: Wall Street Journal

Share this content:

Geoff Riley

Geoff Riley FRSA has been teaching Economics for nearly forty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD and Revision conferences in the UK and overseas.

@tutor2uGeoff

You might also like

Ending Peruvian Poverty

8th October 2015

Global Goals are set to address poverty and underdevelopment

6th October 2015

Dissecting the Commodity Price Meltdown

5th October 2015

Uber faces UK regulatory review

2nd October 2015

How do you deal with someone who thinks the Earth is flat?

23rd September 2015

Don't panic - how to end poverty!

23rd September 2015

Teaching PowerPoints for A Level Economics

23rd September 2015

John McDonnell's Economics

16th September 2015