Saturday, November 3, 2012

IATA: International air traffic rises; recovery mixed

10 hrs.

GENEVA -- International passenger traffic rose 4.9 percent in September on a year ago, led by robust growth for carriers in China, Latin America and the Middle East, the International Air Transport Association (IATA) said on Friday.

A two-speed recovery is emerging in the industry, as European airlines experience "profitless growth" and North American airlines operate in a "slow to no-growth environment", it said.

International air freight traffic was up by 0.5 percent versus the same month in 2011, the Geneva-based body said.

Copyright 2012 Thomson Reuters. Click for restrictions.

Source: http://www.nbcnews.com/travel/iata-international-air-traffic-rises-recovery-mixed-1C6832002

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