Passenger traffic up 6% in May-2013: IATA
IATA reports (03-Jul-2013) the following traffic growth in May-2013:
- Passenger traffic (RPKs): +5.6% year-on-year;
- Passenger load factor: 78.1%;
IATA: “While current levels of business confidence remain close to stagnation, a recent easing in the rate of decline in the Eurozone could help reduce downward pressure on global growth. More specifically, this could help revive some emerging economies – like China – who have hit a soft patch due to weak global demand. Stability in the European economy coupled with continued strong growth in emerging market trade should provide continued support for further growth in air travel in the months ahead.” Source: Company statement, 03-Jul-2013.