This year's Airline Business World Airline Rankings show a sharp turnaround from 2007, which was on of the industry's best years in recent memory. By contrast, 2008 will be remembered as a year of steep decline and record losses. And with weak demand and few signs of recovery the prospects for 2009 are not looking bright.
In our special report we look at the trends and notable performers in 2008, plus we take a look at the industry is faring across the different regions.
Click on the following links to read more:
Global overview - Downward Spiral
Infographic -Top 150 Airlines: ups and downs
Africa's fortunes attract new rivals
Arab carriers weather the storm
Asia under pressure as losses swell
Europe digs in for the long run
Fiery Latin spirt defies the crash
North America braces for fuel pain
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