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Recession hurts Anchorage air cargo business

...Internationally, air-cargo shipments have fallen by more than 20 percent since January, according to the International Air Transport Association. Manufacturers in Asia are shipping less to reduce the amounts of goods that piled up in their warehouses...

http://www.juneauempire.com/stories/060109/sta_445892681.shtml
Outside editorial: Sinking oil prices to help consumers

...falling because of weakened economies around the world. Fewer people are flying, for instance. The International Air Transport Association is forecasting billions in losses for airlines this year and next - even with modestly lower oil prices...

http://www.juneauempire.com/stories/091908/opi_334251793.shtml
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