ACI World reports pax traffic up 4.8% in Sep-2011
ACI World reports global airport traffic rose 4.8% in Sep-2011:
- Passenger numbers: 313.9 million, +4.8%;
- Global freight: 4.9 million tonnes, -3.7%;
ACI World: “Air freight tells an entirely different story for the month of September as an overall decline is observed in global freight volume for much of the developed world. Year-over-year freight growth remained in negative territory for the fifth consecutive month at -3.7%. With business confidence eroding in an uncertain economic climate, this sentiment is partly reflected in the freight data. Domestic freight traffic exhibits the most significant declines at -4.4% whereas international trade via air show declines of -3.3%.” Company statement, 07-Nov-2011.
ACI World: “Passenger growth continues to show robust gains particularly with respect to international traffic, where year-over-year growth has attained 6.6%. While passenger growth continues to weather the storm of economic uncertainty, global freight traffic appears to be less enduring. As major economies wait for the outcome of sovereign debt issues to unravel particularly in the Euro zone area, international trade in air freight appears to be on the side-lines. If the uncertainty persists into the last quarter of 2011, we are likely to see growth rates in negative territory for freight traffic,” Rafael Echevarne, economics director. Source: Company statement, 07-Nov-2011.