Still reeling from record high fuel prices, the airline sector had to battle against a huge drop in air travel demand - particularly in the premium sector - as the global recession took its toll in 2009. Against this backdrop IATA expects the collective loss for the global airline industry to total $11 billion for the last 12 months. No region or sector was left unscathed by the crisis, but while some regions ended the year amid encouraging signs of improvement, for others recovery still looks some distance away. Check out our infographic below to see how the different regions fared and click on the boxes for each region for more details.
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For more on 2009 and the prospects for 2010
Watch the Airline Business Debate: Aviation Holdings chairman Robert Milton and industry expert Chris Tarry join Airline Business editor Mark Pilling to discuss the depth of the crisis facing the airline industry and the challenges ahead for 2010
Read our forecast article looking at the prospects for the airline sector in 2010
Source: Airline Business
