LOWER FARES AND HIGHER COSTS, THE TOXIC MIX, SHOWING IN SOME REGIONS – ESPECIALLY INDIA

Improving business travel on the back of the recovering global economy helped United Continental and US Airways top Wall Street profit estimates this week sending both airline stocks about 7% higher. As we all know there is room for improvement, especially if capacity can be kept in line. Meanwhile the Association of Asia Pacific Airlines (AAPA) said regional airlines carried 185 million international passengers in 2010, up 13% from 2009. International air cargo demand grew by 24.2% in freight tonne kilometres year-on-year, following declines of 10% and 7% in 2009 and 2008 respectively. At this point we need to remember