The air transport sector is enjoying an optimistic growth rate while at the same time eliciting growing concern, due to its environmental impact and its vulnerability with respect to energy security. These issues have put the sector at the forefront of the tide in achieving energy efficiency....

The global financial crisis severely affected economies in Eastern Europe and Central Asia (ECA). Currencies depreciated across the region. Government tax revenues declined sharply leading to high budget deficits and rising levels of public debt. Tightening credit supply and deteriorating...