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1-Dec-2009 1:00 PM

IATA reports Oct-2009 traffic: AsiaPac pax up 0.9%, Middle East up 14.3%

IATA reports (30-Nov-2009) the following international traffic growth by region in Oct-2009:

IATA: "The crisis has cost the industry two years of growth. Adjusting costs and capacity to meet that reality will be challenging. Yields remain under severe pressure. Although there has been a modest rise in air fares since mid-year, it remains around 20% less expensive to fly in real terms today than it was a year ago," Giovanni Bisignani, IATA's Director General and CEO. Source: IATA, 30-Nov-2009.

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