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29-Jul-2011 10:56 AM

International passenger traffic up 4.4% in Jun-2011: IATA

IATA reports (28-Jul-2011) the following traffic growth in Jun-2011:

IATA: "The trend in air travel remains upwards. After stripping out the many shocks as well as the seasonality affecting air travel demand, the current pace of growth in the trend is estimated to be 4-5% a year. This trend is below the 20-year average of 6% and is around half the pace of the post-recession expansion between early 2009 and early 2010. This slowdown reflects slower economic growth and the higher cost of travel, due to the rise in jet kerosene prices and, in some countries, higher taxes on passengers," Source: Company statement, 28-Jul-2011.

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