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IATA. The airline sector is in trouble: fell in demand, also in cargo sector
Geneva, Switzerland - Passenger growth hits five-year low
"The International Air Transport Association (IATA) released international traffic data for June that showed a continued slowing of demand growth for air transport. Cargo contracted by 0.8% compared to June 2007. Passenger demand growth fell to 3.8%, the lowest level since 2003. Passenger load factors dropped to 77.6%, 1.2 percentage points below the 78.8% recorded for June 2007. 'The global economic...
fra/pec - 1093043
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency