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3-May-2012 11:06 AM

International passenger traffic 9.6% in Mar-2012: IATA

IATA reports (02-May-2012) the following traffic growth in Mar-2012:

IATA: "The underlying trend in air cargo was positive in March, despite flat year-on-year growth due to timing of the Chinese New Year holiday. The seasonally adjusted series shows cargo increasing 2.2% in March compared to February, consistent with the improvements in business and consumer confidence seen over the last several months. However, the extent of the improvement is uncertain so far since some of this growth could be a result of the volatility inherent in the monthly growth rates, which on average can be around +/-2%. The performance of world trade, a key driver of air cargo which contracted slightly in February, will provide more insight into the momentum of air freight markets over the coming months," Company statement, 02-May-2012.

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