Traffic Recovering Faster Than Expected

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straitman

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Traffic Recovering Faster Than Expected

Apr 30, 2010
By Andrew Compart
Cathay_Pacific_777-300-Boeing.jpg
The growth in demand on international routes continues to be “much faster than anybody would have expected even six months ago,” IATA Director General and CEO Giovanni Bisignani said this week, as IATA released figures showing another strengthening in traffic in March.

Bisignani cautioned, however, that passenger and freight markets still are 1% below early 2008 highs.

Passenger demand was up 10.3% year-over-year in March, while cargo demand grew 28.1%. That compared to 9% and 26.3% growth, respectively, in February.
 
Interesting figures although you would think that increase in demand would have stalled considerably in April.
 
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