Originally formed in 1998, Arrow Canada Recovery 1998 has
evolved into a sizable group of dedicated people. Non profit
incorporation in the year 2000 has given them a new name, Arrow
Recovery Canada Inc. and a larger "mission".
The Wide-Area Augmentation System is a satellite navigation
system consisting of the equipment and software which augments the
GPS Standard Positioning Service (SPS).
"The outlook is bleak. The chronic industry crisis will
continue into 2009 with US$2.5 billion in losses. We face the worst
revenue environment in 50 years."
Source: IATA Director General and CEO Giovanni
Bisignani. The International Air Transport Association (IATA)
released its forecast for 2009, showing an industry loss of US$2.5
billion. All regions, except the US, are expected to report larger
losses in 2009 than in 2008.
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