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Article: IATA: China to Lead Growth in Air Travel
- Article from:
- AP Online
- Article date:
- December 15, 2004
- Author:
CopyrightThis material is published under license from the Associated Press. All inquiries regarding rights should be directed to the Associated Press. (Hide copyright information)
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ALEXANDER G. HIGGINS, Associated Press Writer
AP Online
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, a 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 said in its year-end report.
But it has a long way to go to erase the record $35 billion losses of the past four years, said IATA Director-General Giovanni Bisignani.
"It looks like we will finish 2004 with the ...