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.

Rankings 09: Ups and downs

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

Click here for more on how to buy the rankings data






Source: Airline Business