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5-Aug-2011 10:31 AM

ACI World reports global traffic up 4.8% in Jun-2011

ACI World reports global passenger traffic up 4.8% - traffic highlights in Jun-2011:

Air cargo traffic fell 1.9% in Jun-2011. Highlights include:

ACI World: "June results are very robust closing off an excellent second quarter against the background of numerous challenges. Passenger traffic growth was firmly supported by higher demand in Europe pointing to a positive summer holiday season while results in Latin America/Caribbean remained strong despite many flight cancellations due to the volcanic eruption in Chile. Other airports in the southern hemisphere in South Africa and Australia also suffered from the ash cloud causing some traffic declines there. All in all, passenger demand seems very healthy and resilient defying a somewhat shaky and erratic post recovery period in key national economies". Andreas Schimm, Director of Economics. Source: ACI, 04-Aug-2011.

ACI World: "Freight may well be down partially due to high fuel prices and it is likely there has been a diversion to maritime for freight that is less time-sensitive. And in Asia Pacific, there continues to be a contraction in freight volumes as Japan recovers from the industrial production decreases following the earthquake and tsunami earlier this year. But the IMF continues to forecast growth in emerging and developing economies and increased world trade for the last half of 2011; thus cargo should bounce back before year-end". Andreas Schimm, Director of Economics. Source: ACI, 04-Aug-2011.

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