29-Sep-2010 11:15 AM

International passenger traffic up 6.4% in Aug-2010: IATA

IATA reports (28-Sep-2010) the following total international traffic growth by region in Aug-2010:

  • Passenger traffic (RPKs): +6.4% year-on-year;
  • Passenger load factor: 81.6%;
  • Cargo traffic (FTKs): +19.6%;
    • Africa: +28.1%:
    • Asia Pacific: +22%;
    • Europe: +9.6%;
    • Latin America: +22.3%;
    • Middle East: +24.3%;
    • North America: +25.7%. [more]

IATA: “While business confidence remains relatively high, consumers in developed markets have yet to recover and still remain saddled with high levels of debt and face uncertain employment prospects. Material improvements in consumer confidence – a key driver of travel market growth – are likely some way off, although in the absence of another external shock, significant decline is not foreseen. This weak economic outlook is now being reflected in a slowdown in travel market growth rates. This slower growth phase may persist for some time, however a renewed decline is not expected,” Source: IATA Statement, 28-Sep-2010.

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