1. European flights down 1% in November, significantly lower than forecasted. The low-cost segment was down 3.8% on November 2010.
2. December update of short-term forecast of flight movements is for 1.6% growth in 2012, a downward revision from the September forecast.
3. IATA expects European airlines to make $600 million loss in 2012, a $900 million downward revision from the September forecast.
4. Oil prices around $107 per barrel in December.