Freight Forwarder-Introduce Chinese freight forwarders

IATA’s latest financial data survey report shows that European airlines of the third quarter of 2011 year on year net profit fell 20 percent, Asia-Pacific and North American airlines last year, a year-on-year net profit fell more than 50 percentage points.

Airline shares fell 3 percent in December

The survey shows that 61 airlines in the third quarter operating profit amounted to $ 12 billion, net profit amounted to $ 5,000,000,000. European airlines in the third quarter net profit of $ 2.744 billion, down 5% year on year. Asia-Pacific airlines in the third quarter net profit of $ 1.596 billion, ranking second. North American airlines in the third quarter net profit of $ 898 million.

Subject to the drop in net profit, the airline stock prices fell further, according to the Bloomberg World Index, airline shares fell 3 percent in December 2011, it reached 14 percent decline in November, the overall decrease of 40%. The airline shares fell almost to the level of the economic recession in early 2009, regional airlines have been suffering from the impact.

IATA predicted that the economic weakness of the euro area, such as sovereign debt problems of the region evolved into a new crisis, the European economic recession or drag on the global aviation market lower; such as have been avoided, then the 2011 fourth quarter to 2012, emerging economies aviation the passenger market will remain strong, and rely on export-led developed economies of the business travel air passenger market may be lower.

The global air cargo market shrinking by 5%

Since the mid-2011, the global air cargo market has shrunk by 5 percent, much higher than 1% of world trade shrink amount. Air Cargo is one of the trade confidence in the hardest hit industry.

IATA is expected to fall into recession in Europe will lead to the 2012 global GDP growth slowdown caused by 0.8%. Finally, in 2012, the global air transport industry Pre – losing $ 8.3 billion, net profit margin of negative 1.4%. Regions with varying degrees of loss, but escaped.