Loading
7-Sep-2011 10:45 AM

World airports passenger traffic up 5% in Jul-2011 - ACI

ACI World reports passengers traffic rose 5% in Jul-2011:

  • Passenger numbers: 347.8 million, +5.0%;
    • Domestic: 173.5 million, +3.5%;
    • International: 169.7 million, +6.7%;
  • Freight: -5.6%;
    • Domestic: -11.7%;
    • International: -1.2%.

ACI: "It is encouraging to see passenger growth continue at a rapid clip, as it has for the past year; the recovery in traffic began in earnest in July 2010. The downturn in freight, however, is cause for concern, as this is the second monthly decline in a row, and more severe than the decrease in June, which was just 2%. In July, market anxiety over sovereign debt in Europe and the US, and the real possibility of a 'double dip' recession eroded business confidence, and that often translates into companies drawing down inventories rather than ordering new shipments by air. We will be watching freight developments carefully, as very often declines in freight volumes foreshadow economic problems on the horizon. We are not ready to declare this a trend and we remain cautiously optimistic about the remainder of 2011." Angela Gittens, Director General. Source: ACI, 06-Sep-2011.

Want More News Like This?

CAPA Membership provides access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More