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This estimation comes from IATA Fraud Prevention Group's (FPSG) The Annual Fraud Loss Survey among airlines.
Airline industry is a labor intensive service sector as much as capital intensive and mainly white collor workers are employed. In the industry computerized electronic systems are highly used. In order to produce an aviable seat for sales, there are many interconnected services are gathered such as resevation, ticketing, operations, passenger traffic, handling of passenger, baggage and cargo, catering, maintenance
(MRO), training, fuelling etc. While airlines render many of those services on their own, some of the services are outsourced...
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