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Air travel up 7.4% in April: IATA

Air travel up 7.4% in April: IATA
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First Published: Wed, May 30 2012. 04 31 PM IST

Photo: Bloomberg
Photo: Bloomberg
Updated: Wed, May 30 2012. 04 31 PM IST
Geneva: International air passenger traffic rose 7.4% in April year-on-year, while freight traffic fell 4.5%, the International Air Transport Association (IATA) said on Wednesday.
The number of passengers on international routes has risen every month this year from unusually low levels in 2011 when political turmoil in Arab countries and an earthquake and tsunami in Japan disrupted travel.
Photo: Bloomberg
Geneva-based IATA’s director-general and chief executive Tony Tyler said the rise in passenger traffic was encouraging, adding that factors such as high fuel costs were still a worry for airlines.
“(Passenger growth) comes against an environment of continuing high oil prices and growing economic uncertainty. So translating the stronger demand into profits will be difficult,” he said.
IATA airlines, which include major global carriers and most domestic operators but not low-cost airlines, account for 84% of world traffic.
There were signs the slump in cargo demand may have bottomed out, with the Middle Eastern airlines showing particularly strong growth, IATA said.
“It is possible to identify the start of a growth trend in cargo for some parts of the world. But economic uncertainty in Europe makes it very difficult to be optimistic in the near to medium-term,” said Tyler.
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First Published: Wed, May 30 2012. 04 31 PM IST
More Topics: IATA | Air Travel | Aviation | Airline | Corporate News |
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