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Article: China to lead world growth in air travel over next four years: IATA
- Article from:
- AP Worldstream
- Article date:
- December 15, 2004
- Author:
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ALEXANDER G. HIGGINS, Associated Press Writer
AP Worldstream
12-15-2004
Dateline: GENEVA
China is expected to be the world's fastest-growing market for air travel as the world's airlines look for global growth in passenger traffic of 6 percent annually over the next four years, the trade association said Wednesday.
The growth will help the industry continue its recovery from the 2001 terror attacks on the United States and the SARS epidemic, the International Air Transport Association in its year-end report.
But it has a long way to go to erase the record losses of the past four years that total US$35 billion, said IATA Director-General Giovanni Bisignani.
"It looks like we will finish 2004 ...