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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
Rome, Italy, 08/04/2008 16:06
AVIONEWS - World Aeronautical Press Agency

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