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Global air traffic rebound continues in Jun from 2009 lows: IATA

https://www.chemnet.com   Jul 29,2010
Global scheduled traffic figures for June continued to show strong demand
growth as the industry recovers from the impact of the global financial
crisis, the International Air Transport Association said Wednesday.


International passenger demand in June was up 11.9% over 12 months, while
international scheduled freight traffic showed a 26.5% improvement, said the
air travel industry body, which represents around 230 airlines.


The airlines account for some 93% of scheduled international air traffic.


Capacity increased only slightly above demand improvements during the
month, keeping load factors, or the percentage of seats sold, in line with
historical highs at 79.8% for passenger traffic and 53.8% for freight, IATA
said.


"The industry continues to recover faster than expected, but with sharp
regional differences. Europe is recovering at half the speed of Asia with
passenger growth of 7.8% compared to the 15.5% growth in Asia-Pacific," said
Giovanni Bisignani, IATA's director general and CEO.


Outside of Europe, all regions reported double-digit growth in passenger
traffic, it noted.


After a dip in April due to the volcanic ash crisis centered in Europe,
international passenger demand has returned to its upward growth trend.


Passenger volumes are now 1-2% above the pre-recession peak in the first
quarter of 2008, IATA said.


Asia-Pacific carriers, on the other hand, recorded the most significant
demand improvement at 15.5%, with China continuing to be the region's growth
engine, it added.
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