Spanning the globe

摘要

At this time last year, Giovanni Bisignani, head of the International Air Transport Association (IATA), was predicting that 2010 "is as good as it gets. It will be the peak of the cycle. 2011 will be a much tougher year." Fast forward to today and the message hasn't changed, with the IATA again warning of tough times ahead. IATA director general and chief executive Tony Tyler also notes the European Union's carbon emission trading system would add to the financial pressures on airlines despite an offer of free permits, which he criticized as "linguistic gymnastics."