Air travel growth picks up in September: IATA
Wednesday 27 October 2010
The growth in international air travel accelerated again in September, growing by 10.5 percent on a 12-month comparision with the help of the end of Ramadan, the International Air Transport Association said on Tuesday.
"The rebound in growth in passenger markets during September can be attributed to normal volatility in travel patterns accentuated by special factors such as the effect of the Ramadan," it said in a statement, referring to the Moslem celebration.
Air passenger traffic had grown by just 6.5 percent the previous month.
However, IATA's director general, Giovanni Bisignani warned that the industry was still in a volatile situation.
"While September's passenger growth is reassuring, the accelerating decline of air freight, including in Asia, is an early indicator of some turbulence ahead," he added.
The year-on-year rate of growth in air freight slowed in September, dropping to 14.5 percent from 19 percent in August, a larger than expected decline according to IATA.
Bisignani warned in July of slower growth during the later stages of the year qwith the end of government economic stimulus prgrammes.
IATA data released earlier this month picked up signs of slowdown in air travel growth emerging through the summer.
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