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3-Jul-2012 11:48 AM

Passenger traffic up 4.5% in May-2012, cargo traffic down 1.9%: IATA

IATA reports (02-Jul-2012) the following traffic performance in May-2012:

IATA: "Recent renewed weakness in business and consumer confidence is likely to undermine both air travel and freight volumes in the coming months. Softer demand and weaker passenger load factors will dilute the benefits to airline profits arising from the recent falls in fuel prices during the second quarter," Source: IATA, 02-Jul-2012.

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