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IATA: international traffic continues to slow

Geneva, Switzerland - The statements of the President Giovanni Bisignani

"The impact of skyrocketing oil prices and weaker economies has made its way to traffic growth. At this time last year we were talking about 6.7% growth for the first four months of the year. This year it’s 4%. There has been a step change downwards", said Giovanni Bisignani, the IATA President. Year-on-year international passenger demand grew by 3% in April. Capacity growth of 5% saw load factors f...

AVIONEWS - World Aeronautical Press Agency - 1090313

AVIONEWS - World Aeronautical Press Agency
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