Global study shows extent of industry downturn

07/14/2009 | Aviation Week & Space Technology

Aviation Week is out with its 2009 study of Top-Performing Companies, and the report finds "precipitous decline" in every region and every industry sector. "As bad as the problems were 12 months ago -- led by soaring oil prices -- they pale in comparison to the demand slump airlines are now battling." Of 32 major airlines around the world, only two saw an increase in their TPC score, proving that "no part of the world is immune, and no business model is a magic formula in this environment."

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