No improvement in sight as yields continue to fall, freight remains at “shockingly low levels", IATA

IATA's Director General and CEO, Giovanni Bisignani, has warned industry stakeholders against complacency as international passenger demand staged a minor comeback in April. Mr Bisignani stated the demand improvements in April are "welcome, [but] we are not out of the woods yet". He added there was no improvement in revenues as yields continue to fall, while freight markets remain at "shockingly low levels". Mr Bisignani concluded, "the worst may be over, however we have not yet seen any signs that recovery is imminent".