PLUNGING AIRLINE PROFITS

PLUNGING AIRLINE PROFITS

Leaders of a global airline group say 2012 will be a bad year for its members. They predict their profits will nosedive due to the impact of Europe's debt crisis.
Officials with the International Air Transport Association made the prediction at their annual general meeting.
Director General Tony Tyler said the net profits of the association's 240 members will total about three billion dollars this year. That's a sharp drop from 7.9 billion dollars last year.
He based his prediction on an expected decline in the number of passengers worldwide. He pointed to prolonged debt problems in Europe and high fuel prices, but Tyler noted that high fuel prices have started to fall, and more passengers are traveling by air in emerging nations in Asia and South America.


PLUNGING AIRLINE PROFITS

Unfamiliar words

PLUNGING = 急落する(plunge) unexpectedly decreasing
nosedive = fall down
due to = because , other as a result of
decline = decrease
prolong

Pronunciation

Europe
fuel
dollar

Summarize

2012's will be a bad day for airline companies.
They predict this year's profits will 3 billon dollars about all of Air Transport Association.
this profits is 30% lower than last year.
Bad point ,Europe's debt crisissi no end sight,and fuel price is high.
Good point :asia's passengers were increaseing now. Fuel price will be fall.

My Opinion

I think airline tickets have been decreasing for LCC.
Airline companies need to make lower tiket .