Global Air Traffic Strongly Rebounds
The International Air Transport Association (IATA) has announced that global air traffic in April has rebounded by nearly 17%. It also said that a strong growth in passenger numbers was met by a 17% increase in capacity — more aircraft and/or more flights.
International freight grew more than 5% also, as did Asian airlines international passenger traffic. IATA attributed the international growth in Asia to the very strong Indian and Chinese commercial aviation markets.
IATA also said India had the fastest growing domestic (within India) market, expanding by a strong 25%. China’s growth was an impressive 11%. Low-cost carriers are also now taking a hold in Asia, which traditionally also further stimulates growth.
This represents continued growth globally: 2010 was also a very positive year in general. Traffic grew 10% and cargo also grew.
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