IATA say demand for flights showing strong growth
31.07.10
Air travel is showing ‘continued strong growth’ with demand in June up 11.9% compared with last year, the International Air Transport Association (IATA) said its latest traffic statistics show. The airlines group said the industry is continuing to recover from the global recession, but the growth in Europe is still lagging behind other regions.
IATA said that during the month, there was a slight increase in capacity with load factors at a ‘historical high’ of 79.8%. A spokesman added: ‘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 the Asia-Pacific.'
'Business confidence remains high and there is no indication the recovery will stall. But, with government stimulus packages tailing off and restocking largely completed, we expect some slowing over the months ahead.'
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