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In 2005, the air transport industry marked its fourth consecutive year of financial aggregate loss, bringing total post-9 / 11 industry losses to over US$36 billion since 2001. The principal cause of the loss in 2005 was the industry's US$61 billion fuel bill, US$17 billion more than in 2004. The aviation industry can be broadly classified into military aviation and civil aviation. The term 'civil aviation' covers all aviation related activities except for those undertaken by the military and the government.
In 2005, the air transport industry marked its fourth consecutive year of financial aggregate loss, bringing total post-9 / 11 industry losses to over US$36 billion since 2001. The principal…