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Article: Airport Business News - Europe.
- Article from:
- AirGuide Business
- Article date:
- August 3, 2009
CopyrightCOPYRIGHT 2009 Pyramid Media Group, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Aug 2, 2009
Chief executives from Europe's top network carriers met with EU transport commissioner Antonio Tajani to press home the crisis facing the airline industry. The Association of European Airlines (AEA), led by chairman Ivan Misetic, called on the EU to help airlines by "removing barriers" and extending the suspension of the "use-it-or-lose-it" airport slot rule. Mr Misetic cited sector-wide declines in passenger traffic and revenues of 7 percent and 12 percent respectively since late last year. He described the industry crisis as "an economic maelstrom" and the worst on record. Mr Misetic, ceo of Croatia Airlines, was joined by Jean-Cyril Spinetta of ...