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Iata: January-April passenger traffic up 8.7%
Tokyo, Japan - Cost reduction to dominate World Air Transport Summit
"Passenger traffic growth of 8.7% shows that demand for travel is strong. Slower cargo growth of 4.7% reflects a general slowdown in global economic activity. The real story, however, is the bottom line. The continuing extra-ordinary price of oil and increasing pressure on yields means that a speedy transition to a low-cost industry is critical", said Giovanni Bisignani, Director General and CEO of...
fra/pec - 121297
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency