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ICAO (2), global air traffic to decline by 4% in 2009
Montreal, Canada - Expressed in terms of passengers per kilometer
Global air traffic, expressed in terms of passenger-kilometres performed, is projected by ICAO (International Civil Aviation Organization) to decline by approximately 4% in 2009. This bleak forecast reflects the worsening of economic prospects as the world GDP is now projected to shrink by about 1.7%, according to Global Insight, a major economic forecasting organization. After steep declines in traffic...
AVIONEWS - World Aeronautical Press Agency - 1105492
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency