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2-Sep-2011 11:13 AM

IATA reports 5.9% rise in passenger traffic in Jul-2011, cargo traffic down

IATA reports (01-Sep-2011) the following traffic growth in Jul-2011:

IATA: "The recent fall in business and consumer confidence, the stagnation of international trade, and the still high level of the jet kerosene price, removes a lot of the positive support for air travel growth. We would expect to see air travel growth slowing in the next few months. Now that international trade has stopped growing a strong near term renewal in air freight growth seems unlikely," Source: IATA, 01-Sep-2011.

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