Uncertain 2012, says CAPA




CAPA Global Outlook for 2012 :
  • An uncertain and challenging year
  • Europe’s economic problems exported
  • Europe’s airlines in consolidation mode
  • Potential for rising protectionism in stagnant markets like Europe and the United States
  • Likelihood of industrial unrest grows
  • Asia and Latin America continue to grow but profitability declines
  • Fuel prices remain high – and undermine profitabilit 
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  • http://www.youtube.com/watch?feature=player_embedded&v=oiWaC0hjz9s

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