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IATA: August air transport showed weaker growth than 2004

Rome, Italy - Giovanni Bisignani, IATA Director General and CEO affirmed it

"August recorded a weaker growth for passenger and cargo traffic. While July recorded 8.5% growth in air traffic, August saw that drop to 6.1%. This is the first indication of a slower demand for passenger services, so it appears that consumer confidence is being damaged by the rise in oil and gasoline prices. Additionally, we have tracked a softening cargo market since the beginning of the year" said...

AVIONEWS - World Aeronautical Press Agency - 128416

AVIONEWS - World Aeronautical Press Agency
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