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1-Jul-2011 2:23 PM

International passenger traffic up 8.0% in May-2011 - IATA

IATA reports (30-Jun-2011) the following traffic growth in May-2011:

IATA: "Air travel volumes rebounded to the trend, albeit around a very volatile monthly path, established since the end of Q3 last year. Seasonally-adjusted, the size of the air travel market in RPK terms was 4% higher in May than the end of last year, and 6.8% higher than May last year. Annualised growth in the recent trend has been close to 4%. If growth in the remaining seven months of the year carries on at that pace then average 2011 growth would be 5.9%. IATA's current forecast of 4.4% for 2011 anticipates slower growth in the trend during the second half of this year, due to slower economic growth and the impact of high fuel prices," Source: Company statement, 30-Jun-2011.

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