World's airports brace for service cutbacks – OAG

The world’s airlines will slash their flights and seats by 7% in the fourth quarter of 2008, leading to a significant loss of business for airports, while airline spend on MRO services is predicted to slump in the next three years. [769 words]

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This report contains the following charts and tables:

• Global flight volumes: 4Q99 to 4Q08
• Global passenger fleet forecast: 2007 to 2017
• Global passenger aircraft delivery forecast: 2008 to 2017: Base vs New forecast
• Historic MRO activity (USD billions): 2001 to 2007