Hopes rise for worldwide economy as air freight demand jumps 26.5 per centPost by Cameron Davidson on 28th July 2010 in Industry news Air cargo demand jumped by more than a quarter in June compared with a year ago, posting a 26.5 per cent annual rise. There was similar good news on passenger numbers, as they rose by nearly 12 per cent, as airlines saw a growing recovery from the economic crisis, industry figures showed. Reuters reported, however, that while the recovery is faster than expected, there are wide regional differences, with passenger numbers in Europe growing more slowly than in every other world sector, which recorded double-digit increases in passenger traffic, according to IATA, the international air transport umbrella body. And IATA Director-General Giovanni Bisignani sounded a note of caution, saying that he believed these double-digit growth rates were unlikely to be sustained. "Business confidence remains high and there is no indication that the recovery will stall any time soon. But with government stimulus packages tailing off and restocking largely completed, we do expect some slowing over the months ahead," he said.
Related Articles
Back to News Home Page |
