Airlines lose US$100mn due to war.

From: Internet Securities | Date: April 2, 2003 | Copyright information

MEXICO CITY, Apr 1, 2003 (El Economista/Corporate Mexico by Internet Securities, Inc. via COMTEX) -- During the last four weeks, domestic airlines have lost around US$100 million as a consequence of the uncertainty created by the war in Iraq. Jorge Luis Moya Huerta, president of the National Air Transport Chamber (Canaero), said that job losses increased by an average of 20% in the last few months. After 12 days of war in Iraq, the flow of passengers in the United States has droppe...

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