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Article: IATA's good news story.(Air Transport Briefing)(International Air Transport Association)
- Article from:
- Interavia Business & Technology
- Article date:
- December 22, 2004
CopyrightCOPYRIGHT 2004 Aerospace Media Publishing. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The International Air Transport Association has released cargo and passenger traffic forecasts for 2004-2008 indicating 6.0% growth annually for international passengers and 6.0% annually for international cargo tonnage. "It looks like we will finish 2004 with the strongest traffic rebound that the industry has seen since the 1991 recovery from the effects of the Gulf War. Expectations for the rest of the forecast period are in line with historical industry trends. If nothing changes in the operating environment, this is the start of a good news story for the industry," said Giovanni Bisignani, IATA's Director General and CEO.
Passenger numbers for 2004 are ...