12-May-2015 11:38 AM

ACI: External shocks means 2015 trend in air transport is yet to be seen

Airports Council International (ACI) world economics director Rafael Echevarne reported (11-May-2015) that in spite of 1Q2015 being "largely distorted by external shocks which affected demand", airports globally witnessed overall solid growth in both passenger and air freight traffic. He commented that even after removing all of the noise from these events" "we have yet to see the impact that the global business cycle will have on air transport demand". The net effect on air transport of US economic gains, a Chinese slowdown and the continued uncertainty in Europe, the net effect "remains to be seen.” While all regions reported gains in passenger traffic, most of the buoyant activity stemmed from the Asia Pacific and Middle East regions during Mar-2015. [more - original PR]

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