Losses mount for world airline industry - 08 Jun 09 The world aviation industry is facing an unprecedented crisis as a result of the global recession with the International Air Transport Association predicts airlines will lose $9bn this year. Al Jazeera's Harry Fawcett looks at how airlines in the Asia Pacific region - worst hit so far by the economic crisis - have been coping. From: AlJazeeraEnglish Views: 0 0 ratings Time: 02:22 More in News & Politics